4. Paid fee to Local Municipal corporation for renewal of the company's factory License for the financial year 2024-2025. 4,800 Additional Information: (i) All above figures are exclusive of taxes, wherever applicable. (ii) Assume the rate of GST as 18%, 9% and 9% for IGST, CGST/SGST respectively. (iii) Turnover of Nootan Limited for the preceding financial year was ` 67 lakh. You are required to compute the GST payable by Nootan Limited under Reverse Charge basis for the month of June 2024. Reason for the treatment of each item should form part of the answers. (5 Marks) (
Options
AComputation of GST Payable by Nootan Limited under reverse charge
S.
No.
Particulars
CGST
(`)
SGST
(`)
BDetermine the Place of Supply for the following independent cases, by briefly
stating the relevant provisions :
(i) Marxy Pharmaceuticals, registered under GST at Jaipur, Rajasthan
hires Sargam Events LLP, registered under GST at Sagar, Madhya
Pradesh for its annual event to be held in Gandhinagar, Gujarat.
(ii) PSL Ltd., a registered person in Chandigarh, Punjab orders from CMR
Ltd., a registered person in Ranchi, Jharkhand for delivery of goods to
MHT Ltd., a registered person in Ranchi, Jharkhand.
You are required to determine PoS for both of the above supplies made by
CMR Ltd. as well as PSL Ltd.
(5 Marks)
Answer
(
C
D
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