Power to declare certain activities/transactions as neither supply of goods nor of services is given in:

CS Executive · Tax Laws and Practice · PYQS · June 2019
Power to declare certain activities/transactions as neither supply of goods nor of services is given in:
(A) Schedule IV
(B) Schedule III
(C) Schedule II
(D) Schedule I

Answer & Explanation:

The official key records '*'. This question is excluded from automatic grading because the source does not supply an unambiguous valid choice. Official source note: None of the option is correct. Schedule III contains the list of activities which shall be treated neither as a supply of goods nor a supply of services. Schedule III does not contain the power to declare certain activities/ transactions as neither supply of goods nor of services.

Topics: GST

Open in Interactive Practice Hub · Full Practice Hub · Chapter Weightage · More in this subject

Related Questions in this Topic