Amit Solutions LLP a registered person under GST in Jaipur, Rajasthan. They provide following details of Inward and Outward supplies made during the period: (1) It received services of Nitin Kumar & Associates (firm
CS Professional · Goods and Services Tax (GST) and Corporate Tax Planning · PYQS · December 2025
Amit Solutions LLP a registered person under GST in Jaipur, Rajasthan. They provide following details of Inward and Outward supplies made during the period: (1) It received services of Nitin Kumar & Associates (firm of Advocates) for legal matter of recovery from one of its debtors on 05.10.2024 for ₹12,75,000. Invoice raised on 10.10.2024 by Nitin Kumar & Associates. Particulars Amit Solutions LLP Nitin Kumar & Associates Payment debited and credited into Bank respectively 16.12.2024 17.12.2024 Recorded in books of account 25.12.2024 20.12.2024 (2) Amit Solutions LLP provided services of a business facilitator to HSPL Bank for ₹1,57,500 in Jaipur. (3) Services provided to Z Ltd. registered in Jodhpur, Rajasthan of ₹18,95,000. (4) Amit Solutions LLP paid ₹2,56,000 for the health insurance of its staff, following the internal policy of the firm. (5) Amit Solutions LLP paid ₹4,25,000 for sponsorship of an event organized in Bikaner, Rajasthan to Mr. Srihari an individual. (6) Amit Solutions LLP paid ₹1,24,500 for goods purchased from NM Ltd a registered dealer. All figures mentioned above are exclusive of tax, wherever applicable. All inward and outward supplies are intra-state supplies except where specifically mentioned. All inward supplies are used for taxable goods and services only. Applicable GST rates are 18% IGST and 9% CGST and SGST each. Based on information provided above case study in the context of CGST Act, 2017, you are required to: (ii) Determine the value of GST and tax to be paid under RCM by Amit Solutions LLP related to above supplies.
Answer & Explanation:
Computation of RCM liability Particulars Value (₹) CGST (₹) SGST (₹) Services of Nitin Kumar & Associates for legal matter. (Inward supply to advocate is taxable under RCM) 12,75,000 1,14,750 1,14,750 Sponsorship services from Mr. Srihari 4,25,000 38,250 38,250 (In case of services provided by any person other than body corporate by way of sponsorship to any partnership firm, GST is liable to be paid under reverse charge by such partnership firm located in the taxable territory.) (Amit Solutions LLP is liable to pay GST under RCM as LLP is also considered as partnership firm) Tax payable under RCM 17,00,000 1,53,000 1,53,000
Topics: Goods and Services Tax (GST)
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