PQR Agency of Delhi is engaged in supply of services in relation to booking of tickets for travel by air. During the month of December, 2022, it had booked tickets for domestic travel aggregating to basic fare of ₹ 42 la

CS Executive · Tax Laws · PYQS · June 2023
PQR Agency of Delhi is engaged in supply of services in relation to booking of tickets for travel by air. During the month of December, 2022, it had booked tickets for domestic travel aggregating to basic fare of ₹ 42 lakh. How much is the value of supply of PQR Agency for the month of December, 2022?
(A) 2% of basic fare being ₹ 84,000
(B) 5% of basic fare being ₹ 2,10,000
(C) 10% of basic fare being ₹ 4,20,000
(D) Actual service charges received

Answer & Explanation:

Correct Answer: Option (B)

Official answer key: (B).

Topics: GST

Open in Interactive Practice Hub · Full Practice Hub · Chapter Weightage · More in this subject

Related Questions in this Topic