AIBE Prep › Papers › AIBE XV — January 2021 › Q.84
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Q.84
Taxation Law Medium Knowledge-Based
Bare Act Central Goods and Services Tax Act, 2017 · Section 2(75)

The definition of ‘money’ under GST law does not include:

A Letter of Credit
✓ Currency held for numismatic value Answer
C Pay Order
D Traveller cheque
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Explanation & Strategy

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The definition of 'money' under GST law includes currency, cheques, promissory notes, bills of exchange, letters of credit, drafts, and digital payment instruments. However, it does NOT include certain items — the question tests which specific exclusion applies.

At a Glance
Subject Taxation Law
Difficulty Medium
Act Central Goods and Services Tax Act, 2017
Section Section 2(75)
Answer (B) Knowledge-Based
Paper AIBE XV — January 2021
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📖 Open Book — Reading Mode Central Goods and Services Tax Act, 2017