1. Nominee Director providing services to Prateek Ltd., a listed company in India.

Who is liable to pay GST? ]

- Nominee Director
- Prateek LTD
- ICAi
- None

2. Author can pay under Forward Charge Mechanism if below are satisfied: -
i) The author has taken registration under the GST and filed a declaration, in the specific form
(Annexure I of Notification) that he exercises the option to pay GST on the service specified
here under FCM in accordance with Section 9 (1) of the CGST Act, and to comply with all the
provisions of CGST Act as they apply to a person liable for paying the tax in
relation to the supply of any goods or services or both.
ii) The author makes a declaration, as prescribed in Annexure II
of said Notification on the invoice issued by him in Form GST Inv-I to the
publisher.
CAN THIS OPTION BE WITHDRAWN WITHIN 1 YEAR?
- YES, IN SIX MONTH
- N0, AFTER 1 YEAR
- YES, IN NEXT MONTH
- NO, AFTER 3 MONTH

3. Opt which is wrong

i) All taxpayers required to pay tax under reverse charge have to optionally obtain registration
and the threshold exemption is not applicable on them.
ii) Payment of taxes under Reverse Charge can be made with utilisation of Input Tax Credit and
can also be made in Cash.
iii) The recipient cannot take the credit of tax paid on inward supplies liable to reverse charge
once the recipient makes payment of tax in cash.
- ii
-i
- iii
- All

4. Which Transactions attracts RCM, where the recipient is located in the taxable territory.
Ignore the Aggregate Turnover and Exemption available.
(1) Miss Neha Ambani provided sponsorship services to Indian Love Cricket Academy, a
Limited Liability Partnership.
(2) Mr. Gaurav sponsors Indian Football League organized by ITC Ltd.
(3) Indian Premier League is sponsored by Vivo Ltd.(A FOREIGN CO.)
- 1,2,3
- 2,3
-1
- 1,2

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1. As per Section 9(3) of CGST Act, 2017 read with NN 13/2017-CT (Rate) and Section 5(3) of
IGST Act,
2017 read with NN 10/2017-IT (Rate), in case of services provided by the any person by way of
sponsorship to anybody corporate or partnership firm / limited liability partnership (LLP), GST is
liable to be paid under reverse charge by such body corporate or partnership firm / LLP located
in the
taxable territory.
Therefore, in the given case, Indian Love Cricket Academy is liable to pay GST under reverse
charge.

2. ITC Ltd. (i.e. Supplier) is liable to pay GST as RCM is applicable only if the recipient is a Body
Corporate or a Partnership Firm or a LLP located in Taxable Territory.

3. vivo ltd is foreign co, so not a body corporate, located in non taxable territory

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