Ramakrishna Trivedi, a registered supplier of Bengaluru has received the following amounts from the various activities undertaken by him during the month ended on 31st October, 2018: S.No. Particulars Amount (₹) (i) Serv

S. No. Particulars Amount (₹) (i) Services related to funeral including transportation of dead bodies of ₹30,000 Note: As per Section 7(2)(a) read with Schedule III of CGST Act, 2017 this is neither be treated as supply of goods nor supply of services. Not a supply (ii) Commission received as an insurance agent, from insurance company of ₹95,000 Note: Above service is covered under reverse charge mechanism (RCM) where tax is payable by the recipient i.e. insurance company [Notification No. 13/2017-Central Tax (Rate) dated 28.06.2017] Taxable under RCM (iii) Business assets (old computer) given to friends free of cost. Note: As per Schedule I any kind of disposal or transfer of business assets made by an entity on permanent basis even though without consideration qualifies as supply. However, this provision would apply only where the input tax credit (ITC) has been availed on such assets. Since no ITC is claimed when such computers used for business, it is not a supply. Not a supply (iv) Amount received from PQR Ltd. for performance of classical dance in one program of ₹1,99,000 Note: This service is exempt only if the consideration charged for such performance is not more than ₹1,50,000. Here, it is more than ₹1,50,000, hence taxable in total 1,99,000 (v) Service provided to recognized sports body as Coach of ₹75,000 Note: This service is exempt from GST under Notification No. 12/2017-Central Tax (Rate) dated 28.06.2017 Exempt Total taxable turnover 1,99,000