MANAGEMENT

BUISENESS MANAGEMENT

MARKETING

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Place
A
Informing customers about products and persuading them to buy them
B
The cost to the buyer of goods or services
C
Goods or services that are sold
D
Where goods or services are available
Explanation: 

Detailed explanation-1: -Involves movement of goods, whether by supplier, or buyer or by any other person. Location of the goods when the movement of goods terminates for delivery to the recipient.

Detailed explanation-2: -General Rule: The Place of supply for services treated as international transactions shall be: The location of the service recipient. In the case where the location of the service recipient is not available, the place of supply shall be the location of the supplier.

Detailed explanation-3: -Time of supply is a relevant measure under the GST law for every transaction entered into by the supplier of goods and services. It means the point in time when goods have been deemed to be supplied or services have been deemed to be provided for determining when the taxpayer is liable to pay taxes.

Detailed explanation-4: -Under GST, the place of supply is the place of delivery of goods or the place where service is rendered by the taxpayer. In simple words, the place of supply is nothing but the registered place of the recipient of goods or/and services.

There is 1 question to complete.