A is an Air Travel agent. He collected ₹50,000 (Basic fare domestic booking) and ₹1,00,000 (Basic fare for International Booking). As per Rule 32 of CGST Rules, 2017, the value of supply under this case will be :

CS Executive · Tax Laws · PYQS · June 2022
A is an Air Travel agent. He collected ₹50,000 (Basic fare domestic booking) and ₹1,00,000 (Basic fare for International Booking). As per Rule 32 of CGST Rules, 2017, the value of supply under this case will be :
(A) ₹2,500
(B) ₹7,500
(C) ₹12,500
(D) ₹15,000

Answer & Explanation:

Correct Answer: Option (C)

Official answer key: (C).

Topics: GST

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