Taxation - Income TaxQuestion 5636 of 146
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13. Consignment value of goods supplied to Delhi by Pawan is `___________.

Options

A45,000
B49,000
C50,400
D54,400 (2 Marks)
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Correct Answer

✅ Option C — 50,400

All Options:

  • A45,000
  • B49,000
  • C50,400 ✓
  • D54,400 (2 Marks)

Detailed Solution & Explanation

Correct Answer: Option **C** Explanation: According to Explanation 2 to Rule 138(1) of the CGST Rules, 2017, the consignment value of goods is the value determined in accordance with the provisions of section 15, declared in an invoice, a bill of supply or a delivery challan, including the GST (CGST, SGST/UTGST, IGST, or cess) charged, and excluding the value of exempt supply of goods where the invoice is issued in respect of both exempt and taxable supplies.

Based on the facts:
- Value of taxable goods = ₹ 45,000
- IGST rate = 12%
- IGST amount = ₹45,000×12%=₹5,400\displaystyle ₹ 45,000 \times 12\% = ₹ 5,400
- Value of exempt goods = ₹ 4,000 (which must be excluded because a single invoice is issued for both taxable and exempt supplies)

Thus, the consignment value is calculated as:
Consignment Value=Value of Taxable Goods+IGST Amount\text{Consignment Value} = \text{Value of Taxable Goods} + \text{IGST Amount}
Consignment Value=₹45,000+₹5,400=₹50,400\text{Consignment Value} = ₹ 45,000 + ₹ 5,400 = ₹ 50,400

Hence, **Option C** is the correct answer.

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