Mani gave goods for processing by Murali. While Mani is registered in GST, Murali is not registered in GST. Both are at Chennai. The processing is liable for GST @ 5%. The goods were received after processing on 11-07-20
CS Executive · Tax Laws and Practice · PYQS · December 2017
Mani gave goods for processing by Murali. While Mani is registered in GST, Murali is not registered in GST. Both are at Chennai. The processing is liable for GST @ 5%. The goods were received after processing on 11-07-2017. Entries in the books were made by Mr. Mani on 12-07-2017. The delivery challan was also received on 11-07-2017. Job work charges amount to ₹ 1,00,000 (without GST). When and how much is the GST liability? And who must pay ?
Answer & Explanation:
Correct Answer: Option (C)
Official answer key: (C).
Topics: GST
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