Shishir a practicing company secretary was asked to handle legal work pertaining to incorporation of LMN (P) Ltd. He incurred registration fee ₹ 20,000 and name approval fee ₹ 1,000 paid to ROC. He recovered the above sa

CS Executive · Tax Laws · PYQS · June 2023
Shishir a practicing company secretary was asked to handle legal work pertaining to incorporation of LMN (P) Ltd. He incurred registration fee ₹ 20,000 and name approval fee ₹ 1,000 paid to ROC. He recovered the above said amounts and his fee of ₹ 10,000. Determine the value of supply treating Shishir as pure agent.
(A) ₹ 31,000
(B) ₹ 21,000
(C) ₹ 10,000
(D) ₹ 10,500

Answer & Explanation:

Correct Answer: Option (C)

Official answer key: (C).

Topics: GST

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