Which of the following activities shall be treated neither as supply of goods nor as supply of services ? (i) Permanent transfer of business assets where input tax credit has been availed on such assets (ii) Temporary tr

CS Executive · Tax Laws · PYQS · June 2024
Which of the following activities shall be treated neither as supply of goods nor as 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 the deceased (iv) Services provided by an employee to the employer in the course of employment
(A) (i) and (iii)
(B) (ii) and (iv)
(C) (i) and (ii)
(D) (iii) and (iv)

Answer & Explanation:

Correct Answer: Option (D)

Official answer key: (D).

Topics: Goods and Services Tax (GST)

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