As per Schedule I of the CGST Act, 2017 any kind of disposal or transfer of business assets made by an entity on permanent basis qualifies as supply, even though it is without consideration. This provision would apply on
CS Executive · Tax Laws · PYQS · June 2022
As per Schedule I of the CGST Act, 2017 any kind of disposal or transfer of business assets made by an entity on permanent basis qualifies as supply, even though it is without consideration. This provision would apply only if :
Answer & Explanation:
Correct Answer: Option (A)
Official answer key: (A).
Topics: GST
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