Schedule 1 Quiz

Question 1 of 5

1 point(s)

Any treatment or process which is applied to another person‘s goods is a supply of

Goods
Services
Both goods and services
None

Question 2 of 5

1 point(s)

A Ltd. Holding entity made certain transfer of fixed asset on permanent basis to its subsidiary X Ltd without any consideration. Does the same classify as a supply under GST?

Yes, It is treated as supply
No, It is not treated as supply
On prior permission of Government
Both (A) and (B)

Question 3 of 5

1 point(s)

Transfer of right in goods or of undivided share in goods without the transfer of title is

supply of Goods
supply of Services
supply of Both goods and services
None

Question 4 of 5

1 point(s)

Transfer of title in goods under an agreement which stipulates that property in goods shall pass at a future date upon payment of full consideration, is a supply of –

Both goods and services
Services
Goods
None

Question 5 of 5

1 point(s)

Where the entire consideration has been received after issuance of completion certificate or after its first occupation is

Transfer of Goods
Transfer of immovable property
Transfer of services
None of these

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Schedule 1 Quiz

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