CA Inter MCQs GST or IDT ( Indirect Tax ) – Practice CA Inter MCQs of Taxability of Composite and Mixed Supply
Question – 1
Rate of GST applicable in case of mixed supply, shall be of particular supply which attracts the ___________ rate of tax.
a. Average
b. Principal supply’s
c. Highest
d. Lower
Question – 2
Applicable rate of GST in case of composite supply, shall be the rate applicable to the ____________
a. Supply which attracts the highest rate of tax
b. Principal supply
c. Supply which attracts the lowest rate of tax
d. None of the above
Question – 3
Rachit is engaged in the business of selling washing machine. He also provides warranty and maintenance services in conjunction with the sale of washing machine. Define the nature of supply.
a. Composite supply
b. Mixed supply
c. Either (A) or (B)
d. None of the above
Question – 4
Chawla is engaged in the business of supplying alcoholic liquor for human consumption. He also supplies peanuts alongwith alcohol. Such supply shall be considered as __________
a. Composite supply
b. Mixed supply
c. Non-taxable supply
d. Exempt supply
Question – 5
Essential elements of a mixed supply are ___________
- Supply made by a taxable person to a recipient
- Two or more individual supplies of goods or services or both
- Two or more supplies, which are naturally bundled
- Supply is made for a single price
- Supply is not naturally bundled and not supplied in conjunction with each other
Choose the correct one from the below mentioned options.
a. i, ii, iii, iv, & v
b. i, ii, iv, & v
c. i, iii, iv & v
d. i, ii, iii & v
CA Inter MCQs GST or Indirect Tax
- Basic Concepts of Indirect Taxes
- Supply under GST
- Levy and Collection
- Exemption from GST
- Place of Supply of Goods and Services
- Composition Levy
- Time of Supply
- Value of Supply
- Input Tax Credit and its Utilisation
- Tax Invoice, E-Way Bill and Credit and Debit Notes
- Registration
- Payment of Tax
- Definitions