Accountancy MCQs

GST - Goods Definition Questions with solutions MCQs

1. Which of the following is/are included in definition of `Goods` as defined under section 2(52) of the CGST Act, 2017?

A

Money

B

Actionable claim

C

Securities

D

Bonds

GST - Goods Definition Account Ast. 2024
Correct Answer : B
Explanation :

According to CGST Act 2017, `Goods` include every kind of movable property other than money and securities, but include actionable claims.

Correct Answered :

Wrong Answered :

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