Park Ltd. sent its moulds, dies, jigs and fixtures on 1st June, 2019 to job worker for use in the job work given by it. The cost of moulds, dies, jigs and fixtures was ₹ 3 lakh and GST paid thereon was ₹ 36,000. The job
CS Executive · Tax Laws · PYQS · June 2023
Park Ltd. sent its moulds, dies, jigs and fixtures on 1st June, 2019 to job worker for use in the job work given by it. The cost of moulds, dies, jigs and fixtures was ₹ 3 lakh and GST paid thereon was ₹ 36,000. The job worker has not returned the moulds and dies, jigs and fixtures till 31st March, 2023. How much would be taken as deemed supply by Park Ltd. to the job worker?
Answer & Explanation:
Correct Answer: Option (A)
Official answer key: (A).
Topics: GST
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