MCQOPTIONS
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| 1. |
The shall be treated as supply even if made without consideration. |
| A. | Supply of goods by a principal to his agent where the agent undertakes to supply such goods on behalf of the principal; |
| B. | Supply of goods by an agent to his principal where the agent undertakes to receive such goods on behalf of the principal. |
| C. | Permanent transfer or disposal of business assets where input tax credit has been availed on such assets |
| D. | All of the above |
| Answer» E. | |