Ram & Co. sends goods to job worker on 10th August, 2021 and the value of supply was ₹ 4 lakh plus GST @ 5% thereon. The job worker returned the goods after completing the job work on 5th October, 2022 with value of
CS Executive · Tax Laws · PYQS · June 2023
Ram & Co. sends goods to job worker on 10th August, 2021 and the value of supply was ₹ 4 lakh plus GST @ 5% thereon. The job worker returned the goods after completing the job work on 5th October, 2022 with value of supply being ₹ 5 lakh excluding GST @ 5%. How much would be the GST for the goods returned by the job worker in October, 2022?
Answer & Explanation:
Correct Answer: Option (C)
Official answer key: (C).
Topics: GST
Related Questions in this Topic
- GST on these goods will be applicable, when recommended by the GST Council.
- Section 10 of the CGST Act, 2017 contains provisions related to ............
- The ............ supply will be charged at the rate applicable to the supply that attracts the highest rate of tax from ...
- What will be the value of goods, if consideration paid is not wholly in money and open market value of such goods are al...
- ABC Consultants, registered at Delhi provides GST training to employees of Sanjay & Co. at Mathura, Uttar Pradesh. S...