Mr. A sold goods to Mr. B. Determine the TOS in accordance with the provisions of section 12 of the CGST Act, 2017 in case supply involves movement of goods.
1. Date of removal - 1st October, 2019
2. Date of invoice - 2nd October, 2019
3. Date when goods made available to the recipient - 3rd October, 2019
4. Date of receipt of payment - 15th November, 2019
A. 1st October, 2019
B. 2nd October, 2019
C. 3rd October, 2019
D. 15th November, 2019
Answer: Option A
Related Questions on Legal Aspects of Business
A. 5 years imprisonment or 5 lakh rupees penalty or both
B. Life imprisonment
C. 3 years imprisonment or 2 lakh rupees penalty or both
D. None of the above
A. Proposal
B. Promise
C. Contract
D. None of these
What aspect of a patented product is tested by PCT?
A. Priority
B. Novelty
C. Exclusivity
D. Commercial value
The Competition Act, 2002 seeks to regulate
A. Anti-competitive agreements
B. Mergers and amalgamation
C. Unfair trade practices
D. Both A and B
Join The Discussion