ELLA LM NS LON TE EE MITE RTT RT ET RE I Mr. Kumar submits the following information. Calculate the Transaction Value. Preserved vegetables purchased within the state (GST inclusive of @ 18%) ae Shaving creams purchased from USA (excluding BCD at 10% & GST at 28%) cond ‘Soups purchased from unregistered dealer forrate of GST Is 18%. i et ined q Machine tools purchased from UK (Including BCD at 10% and including GSTat16%) | €1, o 0 Food mixes purchased from composite dealer, rate of GST is 18% 75,00,000 Printed circuits purchased from Pakistan including BCD at 10% and excluding GST at 18% ‘Transportation costis Profit to manufacturers Enlestinn 2 1,18,000 %4,00,000 %2,00,000 % 80,000CAGulecha, a practicing charted accountant (Bangalore) received money from various clients for services rendered in the Month of November, 2022. Accounting and auditing services of € 1,25,000. Representation before various statutory authorities € 1,00,000. Cost accounting and cost auditing of ¢ 50,000. ‘Secretarial auditing % 35,000. Verification of declarations in prescribed forms of compliance for obtaining a certificate of commencement of business ¥ 40,000. Certification of documents to be filed before registrar of companies % 25,000. Ledger maintenance, non-professional services and preparation of coaching material @ 20,000. Fee for routine visits to income tax offices ¥ 55,000. Remuneration for teaching CA and ICWA students 30,000. ). Fee from outsourcing work of a client such as billing and ledger posting %75,000. .. Services rendered in Delhi 70,000. Fees paid to the State Govt. 2,000. You are required to calculate GST payable, on outwards supply. (IGST rate is 18%, CGST is 9% & GST rate is9%).Hietation!"37 (Coniputetion of Tra Compute the amount of output tax to be. uploaded the last date to update it in credit ledger. Si. & %. 1. | Product sold to a dealerin Bangalore rate of GST notified to this productis 12%. 50,009 2. | Product B sold toa dealer in Mysore rate of GST @5% 25,000 3. | Product C @ nil rate GST sold to dealer in Pondicherry. 60,000 4, | Product D @ 18% GST sold toa dealer in Jammu and Kashmir 1,00,000 5. | Product E @ 28% GST toa unregistered dealer within the state. 1,60,000 6. | Product F rate of GST notified is 18% sold to a SEZ developer in Bangalore. 2,50,000 7. | Product G sold to a dealerin union territory rate of GST notified Is 12% 2,00,000 8.” | Product H which exempted from GST Issold toa registered dealer of Pune. 3,00,000 9. | Product I exported to China the GST are notified by GST council for this productis 12% ifitis sold in India. 2,25,000 10. | Product K sold toa registered dealer within the state the rate of GST notifiedis 12%. — | 1,25,000 11. | Product sold toa unit of SEZ in Mysore the rate of GST notified to this product is 5%. | 1,50,000 Product L sold to a dealer in Belgavi who has registered under composition 1,00,000 scheme @28% GST.‘Compute the amount of output tax to be uploaded by the dealer (Kolkata) for the Month of August and which is the last date to upload it in credit ledger. Particulars ia () Product P sold toa dealer in Kolkata rate of GST notified to this productis 18% 4,00,000 (ii) Product Qsold to a dealer in Durgapur rate of GST @ 5% 20,000 (il) Product R @ 0% rate GST sold toa dealerin Pondicherry 4,80,000 (iv) Product S @ 18% GSTssold toa dealer in Jammu and Kashmir 8,00,000 (v) Product sold toa dealer in union territory rate of GST notified is 12% 16,00,000 (vi). Product U which is exempted from GST is sold to a registered dealer of Delhi 24,00,000 (vii): Product V exported to Hong Kong the GST rate notified by GST Council for this productis 12% if itis soldin India 1,80,000 (vill) Product W sold to a unit of SEZ in Malda the rate of GST. notified to this productis5% 12,00,000 (ix) Product X @ 28% GST sold to a unregistered dealer within the state 12,80,000 (x). Product rate of GST notified is 18% sold to a SEZ developer in Mumbai 20,00,000 Solution: