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Foundational Definitions & Basic Supply

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K
Kalyana Sundaram Pathanjaleeswaran

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1. Under the GST Act, which statement is true about the definition of ‘Business’?

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2. A temporary, refundable security deposit given by a recipient to a supplier for a future supply is generally treated as under the GST Act:

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3. For an activity to be a ‘Supply’ under Section 7(1)(a), which two conditions must be met?

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4. The person required to register or liable to pay tax under the GST Act is called the:

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5. Which item is explicitly excluded from the definition of ‘Goods’ under the CGST Act?

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