[Solved] What is Exempt Supply?

McqMate

Q.	What is Exempt Supply?
A.	Supplies taxable at a ‘NIL’ rate of tax* (0% tax);
B.	Supplies that are wholly or partially exempted from CGST or IGST, by way of a notification
C.	Non-taxable supplies as defined under Section 2(78) – supplies that are not taxable under
D.	all of the above
Answer» D. all of the above

534

0

Do you find this helpful?

6

View all MCQs in

Goods and Services Tax (GST)

Discussion

No comments yet

Related MCQs

A __________ supply comprising of two or more supplies shall be treated as the supply of that particular supply that attracts highest rate of tax.
. What is the time of supply of vouchers when the supply with respect to the voucher is identifiable?
. What is the time of supply of vouchers when the supply with respect to the voucher is not identifiable?
. In case of taxable supply of services, invoice shall be issued within a period of __________ from the date of supply of service.
. In case of taxable supply of services by an insurer, invoice shall be issued within a period of __________from the date of supply of service.
. What is the nature of supply if the nature of Supply is not determinable?
Which of the following is an intra-state supply?
Composite supply means
Define "Time of supply".
What are the taxes levied on intra-state supply of goods?