In case of inter-state stock transfer

Related MCQs

• Raj & Co., applied for voluntary registration under CGST Act, 2017 on 5th July, 2019 and the registration was granted on 15th July, 2019. Raj & Co., was having the stock available against the invoices for a period of 3 months old. Raj & Co., shall be eligible for input tax credit on such stock as held as on:
• Transfer of right in goods or of undivided share in goods without the transfer of title thereof shall be considered as .
• 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
• Credit on Input services or capital goods held in stock can be availed in case of new Registration/ Voluntary Registration
• Persons shall be deemed to be “related persons” if any person directly or indirectly owns, controls or holds or more of the outstanding voting stock or shares of both of them;
• An assessee obtains new registration, voluntary registration, change of scheme from composition to regular scheme and from exempted goods/ services to taxable goods/services. It can avail credit on inputs lying in stock. What is the time limit for taking said credit?
• Transfer of the title in goods shall be considered as .
• Transfer of title in goods under an agreement which stipulates that property in goods shall pass at a future date upon payment of full consideration as agreed shall be considered as .
• Where goods forming part of the assets of a business are transferred or disposed of by or under the directions of the person carrying on the business so as no longer to form part of those assets, whether or not for a consideration, such transfer or disposal is a by the person.
• Temporary transfer or permitting the use or enjoyment of any intellectual property right shall be treated as .