Radhey & Company registered supplier paying GST under regular scheme had made Interstate Taxable Supply of ₹8,00,000 and Intrastate Taxable Supply of ₹6,00,000 chargeable under CGST, SGST, and IGST at the rates of 9%
CS Executive · Tax Laws and Practice · PYQS · June 2019
Radhey & Company registered supplier paying GST under regular scheme had made Interstate Taxable Supply of ₹8,00,000 and Intrastate Taxable Supply of ₹6,00,000 chargeable under CGST, SGST, and IGST at the rates of 9%, 9% and 18% respectively. He is having available amount of ITC under CGST of ₹30,000 and under SGST of ₹20,000. Supplies made are exclusive of taxes. Amount of the total tax payable as CGST, SGST and IGST after availing the amount of ITC by Radhey & Company on such supplies shall be of ₹__________
Answer & Explanation:
The official key records '*'. This question is excluded from automatic grading because the source does not supply an unambiguous valid choice. Official source note: None of the option is correct. Amount of total tax payable will be ₹ 2,02,000.
Topics: GST
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