Comprehensive Questions

Comprehensive Question – 1 ( 15 Marks)

Determine Total Tax Payable for the Month of Oct 2019

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Comprehensive Question – 2 ( 8 Marks)

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MCQ ( 1 Marks)

Question : 1

ABC Ltd is registered under GST and is a manufacturer of Various electronic goods

During the month of Jan 2019, the company purchased 2000 units of Raw Materials
@ Rs 300/Unit.( Rate of GST 12%)

ABC Ltd manufactures two products – Alpha & Beta and Following details pertains to
March 2019.

Product Alpha – Taxable @ 12% - Turnover – Rs 4,20,000

Product Beta – Exempted - Turnover – Rs 3,00,000

Additional Information :

During the month of Jan 2019, out of the total units purchased

1. 40 Units of Raw material were distributed as free samples

2. 30 units were taken for personal purpose of director

3. 70 Units were segregated exclusively for manufacture of Product Alpha

4. 50 Units were segregated exclusively for manufacture of Product Beta

5. 80 Units were taken for Quality control and research purpose for both goods.
(Not for Sale)

Balance Units are used in manufacture of Finished Goods

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Question : 1A

ITC credit to Electronic Credit Ledger of ABC Ltd for the month of Jan Shall be

a) 66870
b) 67680
c) 62280
d) 60,000

Question : 1B

Determine the Common ITC Available for Apportionment

a) 66150
b) 68180
c) 65106
d) None of the above

Question : 1C

Determine the ITC to be reversed in the month of March 2019

a) 27150
b) 29180
c) 28200
d) None of the Above

Question : 1D

Total Eligible ITC attributable to Taxable supplies shall be

a) 38250
b) 38010
c) 38100
d) None of the above

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Question : 2

The following Statement/s are Invalid

1. Any person providing Coaching and training in recreation activities relating to

Art, culture and Sports are Exempted
2. Pure Labour contract relating to Repair work of Single Residential building are
taxable
3. Service to any person relating to Renting of Electronically operated vehicles
meant to Carry more than twelve person are exempted
4. Online Journal and periodical services provided to Government school is taxable
under Forward Charge.

a) Both 1 & 2
b) Both 2 & 3
c) Only 1
d) Both 1 & 3

Question : 3

S Ltd Mumbai ( Registered Under GST) received Event management services from K&K
Ltd Bangalore relating to event held at Delhi and Chennai.Total Contract Value Rs
8,00,000 .

Delhi event was for 4 Days and Chennai Event was 3 Days.

Place of Supply of supply shall be

a) Bangalore
b) Delhi and Chennai – Equally
c) Mumbai
d) Delhi – Rs 4,80,000 and Chennai 3,20,000

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Question : 4

Air India Ltd ( Cochin) Provided Air transportation services to PQR Ltd ( Registered
Person under GST located in Trivandrum) relating to transportation of goods to
Singapore. Consideration received by Air India is Rs 5,00,000

Which of the following statement is valid

1. Service by Air India Ltd shall be treated as Export of Services

2. Place of Supply shall be Trivandrum
3. Place of Supply shall be Cochin
4. Place of Supply shall be Singapore
a) Both 1 & 4
b) Both 1 & 3
c) Only 4
d) Only 2

Question : 5

Mr Sasi ( Registered Person – Thrissur) provided Agency services to Mark Ltd Germany
relating to Sale of Goods owned by Mark Ltd to Various customers in Mumbai

Mr Sasi received Commission of $10,000 as consideration for agency services and he

issued Invoice to Mark Ltd Germany

a) Supply of Services shall be Interstate Since place of Supply is Mumbai

b) Supply is Zero Rated ( Export of Services) since payment is received in
convertible foreign exchange and location of recipient is located outside india
c) Place of Supply is Thrissur and Supply is Zero Rated
d) Place of Supply is Thrissur and It is an Intra State Supply.

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