4. Meaning and Scope of Supply

Q 1. What is the taxable event under GST?

Q 2. What is the meaning of ‘Supply’?

Q 3. What is a taxable supply?

Q 4. What are the necessary elements that constitute supply under MGL?

Q 5. Can a transaction in which any one or more of the above criteria is not fulfilled, be still considered as supply under GST?

Q 6. Importation of Goods is conspicuous by its absence in Section 3. Why?

Q 7. Are self-supplies taxable under GST?

Q 8. Whether transfer of title and/or possession is necessary for a transaction to constitute supply of goods?

Q 9. What do you mean by “supply made in the course or furtherance of business”?

Q 10. An individual buys a car for personal use and after a year sells it to a car dealer. Will the transaction be a supply in terms of MGL? Give reasons for the answer.

Q 11. A dealer of air-conditioners transfers an air conditioner from his stock in trade, for personal use at his residence. Will the transaction constitute a supply.

Q 12. Whether provision of service or goods by a club or association or society to its members will be treated as supply or not?

Q 13. What are inter-state supplies and intra-state supplies?

Q 14. Whether transfer of right to use goods will be treated as supply of goods or supply of service? Why?

Q 15. Whether Works contracts and Catering services will be treated as supply of goods or supply of services? Why?

Q 16. Whether goods supplied on hire purchase basis will be treated as supply of goods or supply of services? Why?

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