Which of the following is a supply liable for GST? (i) Supply between two non-taxable parties (ii) Gift by employer to employee value above ₹ 50,000 (iii) Gift of motor car by relative to another relative (iv) Disposal o

CS Executive · Tax Laws · PYQS · June 2023
Which of the following is a supply liable for GST? (i) Supply between two non-taxable parties (ii) Gift by employer to employee value above ₹ 50,000 (iii) Gift of motor car by relative to another relative (iv) Disposal of machines (on which GST paid and input availed) upon closure of business
(A) (i) and (iv)
(B) (ii) and (iv)
(C) (i), (ii) and (iv)
(D) (i) and (iii)

Answer & Explanation:

Correct Answer: Option (B)

Official answer key: (B).

Topics: GST

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