GST (Goods and Services Tax) in India
(Multiple Choice Questions)
Part - 2
1. Supply of two or more taxable supplies naturally bundled and supplied is
called
a) Mixed supply b) Composite supply c) Common supply d) Continuous
supply
Answer: b) Composite supply
2. Goods are packed and transported with insurance, packing materials,
transport and insurance. This is a case of
a) Mixed supply b) Composite supply c) Common supply d) Continuous
supply
Answer: b) Composite supply
3. Supply of goods provided, or agreed to be provided, continuously or on
recurring basis, under a contract is
a) Mixed supply b) Composite supply c) Common supply d) Continuous
supply
Answer: d) Continuous supply
4. Any goods other than capital goods used or intended to be used by a supplier
in the course or furtherance of business is
a) Input b) Output c) Merit goods d) White goods
Answer: a) Input
5. ----- refers to receipt of goods or services or both whether by purchase,
acquisition or any other means with or without consideration
a) Outward supply b) Inward supply c) Taxable supply d) None of these
Answer: b) Inward supply
(Multiple Choice Questions)
Part - 2
1. Supply of two or more taxable supplies naturally bundled and supplied is
called
a) Mixed supply b) Composite supply c) Common supply d) Continuous
supply
Answer: b) Composite supply
2. Goods are packed and transported with insurance, packing materials,
transport and insurance. This is a case of
a) Mixed supply b) Composite supply c) Common supply d) Continuous
supply
Answer: b) Composite supply
3. Supply of goods provided, or agreed to be provided, continuously or on
recurring basis, under a contract is
a) Mixed supply b) Composite supply c) Common supply d) Continuous
supply
Answer: d) Continuous supply
4. Any goods other than capital goods used or intended to be used by a supplier
in the course or furtherance of business is
a) Input b) Output c) Merit goods d) White goods
Answer: a) Input
5. ----- refers to receipt of goods or services or both whether by purchase,
acquisition or any other means with or without consideration
a) Outward supply b) Inward supply c) Taxable supply d) None of these
Answer: b) Inward supply
