Welcome to your Ch 14 Reverse Charge on Goods - 9(3) (1 to 5)
1. Which of the following supply of goods by agriculturist to a registered person are in reverse charge?
i. Cashew nuts not shelled or peeled.
ii. Cashew nuts – shelled or peeled.
iii. Bidi wrapper leaves (Tendu).
iv. Tobacco leaves.
2. Which of the following supply of goods by agriculturist to a registered person are in reverse charge?
3.Examine the following statements-
i) Mr. A an agriculturist sells raw cotton to Z Textiles Ltd registered in GST. Z Textiles Ltd is liable for payment of tax.
ii) Mr. Tiny Trader sells tendu leaves to M/s Tanushree registered in GST. M/s Tanushree is liable for payment of tax.
4. Which of the following supply of goods by Govt of Maharashtra | Water Resources Department to a registered person are in reverse charge?
5. Examine the following statements-
i) Central Govt | Ministry of Finance seized and confiscated new trucks of truck operator. Now it sells these trucks to Adani Ltd. for ₹ 40 Lakhs. Adani Ltd is liable for payment of tax.
ii) Canara Bank gets the repossession of new cars of a radio taxi operator for non payment of loan. Now it sells these new cars to OLA. OLA is liable for payment of tax.