GST - Lot 3 - Exclusions from Supply

Which of the following activity shall be treated neither as a supply of goods nor a supply of services?

i. Permanent transfer of business assets where input tax credit has been availed on such assets

ii. temporary transfer of intellectual property right

iii. transportation of deceased

iv. services by an employee to the employer in the course of employment

• (i) & (iii)

• (ii) & (iv)

• (i) & (ii)

• (iii) & (iv)

Which of the following activity is outside the scope of supply and not taxable under GST?

• Service by on employee to the employer in the course of or in relation to him employmen
• Service of funeral
• Actionable claims other than lottery, betting and gambling
• All of the above

Which of the following activities does not amounts to supply of goods or services and hence not liable to GST under the CGST Act, 2017?

• Licence to occupy land
• Renting of immovable property
• Works contract
• Services by any court or tribunal

A registered person in India pricuring goods from China and sending the same directly to the customer in UK shall not be liable to pay tax on the said supply.

• true
• false

Comment on the below:

i. Amount received by an employee from the employer on premature termination of contract of employment is not regarded as supply.

ii. Any amount paid for nor joining a competing business as it is paid for forbearance of an act is not regarded as supply

• i is correct and ii is wrong

• ii is correct and I is wrong

• Both are not correct

• None of the above.

Which of the following are neither supply of goods nor supply of services?

I. Merchant trading transactions.

ii. High sea sales.

iii. Supply of warehoused goods to any person before clearance for home consumption.

• I & ii

• ii & iii

• all three

• None of these

Comment on the statement." GST is not leviable on the fee or penalty or pre deposit amount charged by consumer disputes redressal commission office".

• true
• false

Comment on the below:

i. Supply of lottery tickets attracts GST.

ii. Supply of betting and gambling will not attract GST.

• i is correct and ii is wrong

• ii is correct and I is wrong

• Both are not correct

• None of the above.

Which of the following will constitute a supply?

(a) A is an employee CA of B Ltd. He is being deputed by B Ltd to work on project with C Ltd. For this consideration is paid by C Ltd to B Ltd.

(b) Remuneration paid for services provided by the Whole Time Director of a company.

(C) Sitting Fees paid to WTD.

• a & c

• b & c

• a & b

• None of the above

A premises sold after obtaining Occupation Certifcate, is considered as transaction in sale of immovable property and the same is not liable to tax.

• true
• false