The exempt supply has been defined as supply of any goods/services/both, which attract a Nil rate of tax, or which may be wholly exempt from tax, and therefore, also includes non-taxable supplies. Find which out of the f
CS Executive · Tax Laws · PYQS · December 2020
The exempt supply has been defined as supply of any goods/services/both, which attract a Nil rate of tax, or which may be wholly exempt from tax, and therefore, also includes non-taxable supplies. Find which out of the following is covered as an exempt supply under GST.
Answer & Explanation:
Correct Answer: Option (C)
Official answer key: (C). Official source note: Services by IRDA, SEBI, RBI, EPFO is covered as an exempt supply under GST.
Topics: GST
Related Questions in this Topic
- GST on these goods will be applicable, when recommended by the GST Council.
- Section 10 of the CGST Act, 2017 contains provisions related to ............
- The ............ supply will be charged at the rate applicable to the supply that attracts the highest rate of tax from ...
- What will be the value of goods, if consideration paid is not wholly in money and open market value of such goods are al...
- ABC Consultants, registered at Delhi provides GST training to employees of Sanjay & Co. at Mathura, Uttar Pradesh. S...