As per the CGST Act, 2017, "business" includes :(i) Adventure not for – McqOptions

MCQOPTIONS

1.	As per the CGST Act, 2017, "business" includes :(i) Adventure not for a pecuniary benefit (ii) Any activity or transaction undertaken by the Central Government, a State Government or any local authority in which they are engaged as public authorities.
A.	(ii) only
B.	Both (i) and (ii)
C.	Neither (i) nor (ii)
D.	(i) only
Answer» C. Neither (i) nor (ii)

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