Sl

10
Sl

1
2

Sl no

3
4

6
7

8
9

10
11
PROBLEM 16: Compute the amount of GST payable by a manufacturer on the basis of the followin
given.
Particulars
1.Import of goods from Switzerland(inclusive of BCD at 10% and IGST 18%)
2.Further costs have been incurred to effect the sale and have been recovered from the customer:
§Labour charge
§Secondary packing cost
§Advertisement charge
§Cost of special secondary packing
§Cost of durable and returnable packing
§Freight
§Insurance on freight
§Commission paid to job worker for processing of goods
3. Trade discount which is not adjusted in the price mentioned above
Further, a cash discount of 5,000 was given for timely payment of consideration. This not supported by any agreem
at the time of sale.

908600 * 18%
908600 * 100/118

PROBLEM 17:

A dealer in Kolkata entered a contract with a supplier in Odisha to deliver machinery along with essential accesso
information determine the total amount of GST payable and transaction value u/s 15 of the CGST Act, 2

Particulars

Machinery cost (excluding taxes and after effecting a discount of 20,000 for early cash payment for previous sales)
Installation expenses charged separately
Design charges paid by the buyer
Packing charges (Secondary)
Cost of material supplied by the buyer free of charge
Pre-delivery inspection charges
Loading and handling charges within the factory
Other information:
1. Bought-out-accessories supplied along with machinery valued at 10,000 which was necessary for the working of t
2. GST rate 18%. Make suitable assumptions as required and provide brief reasons.

PROBLEM 18:
Mr. Sudhir is a registered dealer in Jaipur (Rajasthan). From the following particulars, find out taxable turnover and IGST
payable under the GST Act:
Particulars

Chocolates not containing cocoa worth amount 1,25,000 sold to a registered dealer of Punjab (IGST rate is 28%).

Mineral water worth amount 4,20,000 was transferred to their branch at Kolkatha (IGST rate is 18%).

Allopathic medicine containing alcohol worth amount 1,94,850 was sold to the registered dealer of MP (IGST rate

Skimmed milk powder worth amount 55,000 was sold to the registered dealer of UP (IGST rate is 5%).

Goods amounting to amount 5,55,000 was sold to firm of London in the course of export outside India.

Silver goods amount 54,00,000 are sold to a registered dealer of UP (IGST rate is 3%).

Coffee beans worth amount 3,20,000 were transferred to their branch at Kolkata. (Coffee beans exempted from G
Sale of petroleum products to a registered dealer in UP for 3,95,000.
Sale of alcoholic liquor for human consumption to a register dealer in MP for amount for 7,65,000

Laptop of the office donated free of cost to a NGO in Bihar. Market value of laptop is 27,500.

PROBLEM 26:

IGST input Tax

IGST output TAX
CGST output
SGST Output
Compute net GST Payable

PROBLEM 27:

Mr.x a supplier of Goods, pays GST under Regular Scheme. He has made following supplies
Particulars
Intra-State Supply of Goods
Inter- State Supply of Goods

Purchases Made by him in the tax period.

Particulars
Intra-State Purchase of Goods
Inter- State Purchase of Goods

Mr. X has following ITC with him in the beginning of Tax Period
Particulars
CGST
SGST
IGST

Assume : GST of 18% and both inward and outward suppliers are exclusive of Taxes

Compute Net GST Payable by Mr.X during the tax period

PROBLEM 28:
Vijay Limited situated in Bhopal has presented the following informations :
Purchased raw material within the State for Rs 2,80,000
Consultation fees ₹ 35,000
Storage cost ₹ 32,000
Transportation cost 28,000
Labour cost 87,500

Goods sold for 5,20,500. Calculate Net GST payable. (Assume GST Rate of 12%)

PROBLEM 29:

M/s ABC Ltd. purchased goods 2,00,000 locally. He sold goods (locally) for ₹ 3,50,000. He paid legal fees of 8,000. Storage
cost 15,000, Transportation cost 10,000, Wages 15,000, Other manufacturing expenses 16,000. He purchased Furniture for
his office for *22,000. If CGST is 9% and SGST is 9%, calculate net GST payable.
CGST Input tax = CGST output + IGST out put
SGST Input tax = SGST output + IGST out put
IGST Input tax = IGST output + CGST out put + SGST output

PROBLEM 30:

Mrs. Shivagami purchases 11,000 bags from M/s. Bahubali Enterprises whose assessible value is
85 per bag. SGST and CGST is payable at 6% each. SGST and CGST paid on input goods and service
is 50,000 and 50,000 respectively. Mrs. Shivagami sells 9,500 bags within the State, exports 1000
bags and balance 500 bags is in stock. Calculate net GST payable.
PROBLEM 31:
Mr. John supplies goods within the State and its value is 12,00,000. The value of goods exported is 20,00s,000. Th
value of receipt of goods from other State is 20,00,000. If IGST rate is 18%, SGST and CGST rates are 9% each,
calculate net GST payable.

PROBLEM 32:
From the following information determine the amount of input tax credit admissible to ABC Ltd. in respect of various inputs
purchased during the month of August 2019.

Purchases
Goods purchased from PQR Ltd. (Full payment is made by ABC Ltd. to PQR Ltd. against such supply but tax has not been
deposited by PQR Ltd.) Goods purchased without invoice
Goods Purchased without invoice

Purchased of goods not used for business purposes

Purchases of goods from BT Ltd. (Invoice of BT Ltd. is received in the month of September 2019 but goods were received in
the month of October 2019)
Goods purchased against a valid invoice from AFG Ltd. Tax has been deposited by AFG Ltd. ABC Ltd. has made payment to
AFG Ltd. for such purchases in the month of September 2019.

PROBLEM 33:

From the following details, compute the ITC eligible on inputs:

Particulars

Raw Material A purchased within the State (Rate 5%)

Raw Material B purchased from local market (Rate 12%)

Raw Material C purchased from registered dealer (Rate 5%)

Raw Material B purchased within the state from unregistered dealer (Rate 18%)
Raw Material D purchased within state from a dealer who opted for composition scheme (Rate
12%)

Raw Material E imported from UK, excluding IGST (Rate 28%)

Raw Material B purchased from other State (Rate 5%)

Raw Material F imported from USA (Rate 12%)

Raw Material G imported from Afghanistan (inclusive of BCD and GST Rate (18%)

Raw Material S purchased at 0% rate

Raw Material Z purchased was exempt from GST at the time of purchase

PROBLEM 34:
From the following particulars calculate net GST payable (assume CGST is 6%, SGST is
6%).
(a) Purchase of raw materials within the state 10,500 (inclusive of GST @5%)
(b) Profit margin RS 2,000
(c) Manufacturing expenses 500
(d) Wages 500
(e) Storage cost 525 (inclusive of GST at 5%)
(f) Consultation fees 500 (excluding GST at 18%)
(g) Selling expense 1,000.

PROBLEM 35:
May/ June 2019 (15 Marks)
Mr. Varun a registered dealer provides the following information :
(a) Varun supplies products to dealer in his state and in other states
(b) The rate of profit is 10% on COP
© Rate of GST is 18% on sales
(d) Intra-state purchase of raw materials excluding GST is Rs. 5,00,000
(c) Purchase of raw materials from unregistered dealer is Rs. 1,60,000
(f) Import of goods including customs duty Rs. 4,00,000
(g) Purchase of raw materials from other state excluding IGST Rs. 1,00,000
(h) Cost of transportation charges, wages and other manufacturing expenses are Rs. 2,80,000

(i) Interest paid on bank loan is Rs. 1,40,000.

You are required to compute the value of taxable supply and GST payable.

PROBLEM 36:
Mr. Shashi of Haveri (Karnataka) purchased goods from Mr. Raj of Hyderabad for 4,72,000 which
is inclusive of IGST at the rate of 18%. He incurred transportation cost of 25,000. He incurred
manufacturing expenses of 2,25,000. Cost of advertisement was 42,500. Mr. Shashi expects a
profit of 25% on the sales. Mr. Shashi sold 70% of the goods locally, he transferred 20% of such
goods to his branch located outside the state without consideration and remaining 10% to his
branch located in the same state without consideration. All expenses except purchase of goods
did not suffer GST.
Calculate Net GST Payable If
a. Credit on all input is eligible
b. Credit on all input is ineligible
PROBLEM 37:

Mr. Ram purchased goods worth Rs 1,25,000 from a registered dealer outside the State of
Karnataka. He sold such goods locally for Rs 1,75,000. The GST rate applicable on purchase and
sale is 18%. Calculate the net GST payable if,

(a) Mr. Ram is a registered dealer

(b) Mr. Ram is unregistered in GST

(c) Answer whether Mr. Ram should obtain registration or not if he has effected inter-State
supplies of goods worth RS 75,000 but his aggregate turnover did not exceed 40 lakhs in a
financial year.

Compute the tax payable.

PROBLEM 38:
Taxable supplies made by Mr. Vijendra Shenoy (registered dealer in Punjab) is given
below
Intrastate supplies Rs. 4,20,000
Interstate supplies Rs. 4,20,000
He purchased 10 furniture worth RS 1,00,000 for use in his business, but the same
was put a use for personal use. Calculate net GST payable if CGST credit available is
Rs 42,500 and SGST credit available is Rs 42,500. These credit amounts include 18%
GST paid on purchase of furniture. Assume the tax rate to be 18%.

PROBLEM 39:
Mr. Oberoi purchases 500 mobiles for use in business at Rs 1,750 per mobile. CGST and SGST
payable on such purchase being 9% each. He intends to sell the same at a profit of 10% above the
cost. Overheads apportioned for each mobile is RS 75. He sold 200 mobiles within the state, 100
mobiles are sold outside the state. 25 mobiles are issued at free of cost as samples. He also
exports 25 mobiles and the balance goods are available in the showroom as stock in trade.
Calculate his net GST payable.
PROBLEM 40:

Mr. Dravid is a Bat manufacturer from Kamataka. He manufactures 50 bats for the purpose of
Tamil Nadha Premier League and sells the same at Rs 30,000 per bat billing to Tamil Nadu. Mr.
Dravid has purchased goods worth Rs 5,00,000 at 12% GST and procured services worth Rs 45,000
at 18% GST. He also purchased a machinery costing 10,00,000 with GST of 18% in order to
manufacture such bats. all the purcahses were local purchase, assume tax rate is 12% and
calculate net GST Payable.
PROBLEM 41:

Ms. Kavya Enterprises, a registered dealer provides the following details for the year ended
31-03-2019.
a. Purchase of raw material within State (3000 units) inclusive of CGST @ 6% and SGST @6% is
16,80,000.
b. Interstate purchase of raw material inclusive of IGST @ 12% Rs 5,32,000.
c. Import of raw material is 2,50,000 (including IGST at 5% and BCD at 7.5%).
d Sale of goods within the State 25,90,000. Rate of GST is 18%.
e. Sale of exempted goods within the state 13,00,000. The sales have been made out of purchase
having a credit of 20,000 IGST.
f. Closing stock of 400 units as on 31.03.2019 is lying. Compute net GST payable.
PROBLEM 42:

Mr. Mahesh Prabhu, registered dealer from Goa, submits the following information.
Particulars
RM purchased from Maharashtra
RM purchased from Vasco,
Pooja equipment purchased from other state
Motor spirit purchased
Sale of goods in Goa
Compute net GST payable if rate is 18%.
PROBLEM 43:

Mallya, a registered dealer had opening balance of CGST credit and SGST credit of Rs 45,000 and
Rs 75,000 respectively. He manufactured 7,000 litres of finished products, 1,000 litres were the
expected normal loss in the process. However, the actual loss was 200 litres of which 100 litres
were being lost as theft. The final product was sold at uniform price of 300 per litre as follows:
a. Goods sold within the state 2000 litres

b. Finished product sold in interstate sale 3000 litres

c. Goods sent on consignment agents outside the state 1000 litres.

Further, CGST and SGST rate on the finished product of dealer is 6% and 6% respectively.IGST rate
is 12%. Calculate tax liability of SGST and CGST to be paid after tax credit if the purchase price is
225/ litre and the rate on purchases is 12%.
PROBLEM 44:
Mr. Kamath, a dealer, submits the following information. Compute net GST liability.

Particulars

Import of skimmed milk powder (excluding 10% of BCD and IGST @ 5%)

Pan masala purchased from Mysore (including CGST/SGST 14% each)

Tea purchased from Kerala excluding IGST @5%
Consultation fees
Legal fees
Storage cost

Subsidy received from central government which was directly linked to the price of the product.
Additional incentives paid to the employees
Warranty charges paid

Compute net GST payable, if Mr. Kamath sells all goods within the State at a profit of 30% on cos
GST on sale could be considered as 18%.
PROBLEM 45:

Compute net GST payable for a dealer in Karnataka from below information as given below:

(i) Raw material purchased from foreign market including custom duty paid on imports @10% +
Education Cess @ 3% and exclusive of IGST at 12% is Rs 10,00,000.
(ii) Raw material purchased from Odisha (including IGST @12%)Rs 50,000

(iii) Raw material purchased from local market (including GST charged on the material @12%)
3,00,000.
(iv) Transportation and insurance cost 45,000

(v) Manufacturing expenses 7,00,000

(vi) Material purchased from registered dealer who opted for composition scheme under GST.
Amount paid to such dealer is 5,00,000. The tax payable by composition person on such sales is
1%.
(vii) Profit margin of dealer is 10% on the selling price.

The dealer sold 25% of the finished goods to a SEZ in Bangalore and the balance to a dealer in
Bengaluru. GST rate on sale of such goods is 12%.
Miss Swagatha a registered dealer submits the following information for the month of March Oct 2019 (Sep/oct 2020, 15 Mar
Partculars
Details of Purchase:
Raw Materail 'A" purchased from another state
Raw Materail "B" purchased within the state
Raw-material 'C' purchased from USA costing 20,00,000 (including BCD @ 10% i.e. 2,00,000 and including of IGST)
Raw-material 'D' purchased within the State from a dealer who opted for composition scheme
Raw-material 'E' purchased from a SEZ in Bangalore

Details of Sales
Sale of goods purchased from interstate purchase and imported raw-materials to a person of Hyderabad who opted for
composition scheme
Goods sold to an unregistered dealer of Mangalore
Sale of goods to a dealer in union territory of Chandigarh, produced from raw-material 'B'
Sale of goods purchased from raw-material 'D' to a registered dealer in Belagavi
Sale of goods purchased from raw-material 'E' to SEZ in Bangalore
Note: the above purchase and sales figures do not include GST, compute Net GST Payable

Ms. Lalita (register dealer) submits the following information in relation to manufacture and selling of machine.
Compute Net GST payable.
Particulars
Import of raw-materials (excluding 10% of BCD on import) rate of IGST @ 5%
Raw materials purchased from Karnataka (including CGST at 9% & SGST @ 9%)
Raw materials purchased from Tamilnadu excluding IGST @ 5%
Subsidy received from an NGO which was directly related to price of the goods
Manufacturing expenses
Warranty Charges
Subsidy received from Central Government which was directly linked to the price of the product

She supplied some components at a fixed price of 22,000. The components are bundled with the supply of the
machine. The GST rate of the three products is 28%, 5% and 12% respectively.

Ms. Lalita sold the machine to Ms. Shathi at a profit of 10% on the cost of production and the rate of GST on sales
is 18%.
ollowing information

Amount
9,08,600

12,250
16,000
7,500
6,750
1,250
5,000
3,250
42,000
22,000
y agreement prior to or

al accessories. From the

GST Act, 2017.

Amount

400000
30000
10000
80000
5000
2000
5000
rking of the machinery.

is 28%).

IGST rate is 12%).

ed from GST)

60,000
 25,000
35,000
35,000

Rs
8,00,000
3,00,000

Rs
3,00,000
50,000

Rs
30,000
30,000
70,000
 Computation of Admissible ITC to ABC Ltd for the mon
Sl.
no

Amount 1

80000 2
45000 3

40,000 4

25000 5

28000

Sl.
no

Amount 1

4,00,000 2

3,00,000 3

45,000 4
 45,000 5

7,00,000 6

85,000 7
40,000 8

550,000 9
118,000 10

2,000,000 11
50,000 Total ITC eligible
ation. Calculate the net GST paya
Amount
75,00,000
15,00,000
3,00,000
7,50,000
,25,00,000
Amount

5,00,000

1,50,000
40000
8000
7000
 3000

50000
3000
10000
20, 15 Marks)
Amount Rate of GST

10,00,000 28%
20,00,000 18%
22,40,000 12%
5,00,000 5%
10,00,000 0%

50,00,000 5%
75,00,000 12%
15,00,000 18%
20,00,000 28%
2,00,000 0%
Amount
2,10,000
7,50,000
60000
19000
6000
15000
20000
 Computation of Taxable value of Supply and GST Payable

Particulars
Value of Supply ( 908600 / 118 * 100)
add: Labour charge u/s 15 (2) (c )
Secondary packing cost
Advertisement charge
Cost of special secondary packing
Cost of durable and returnable packing
Freight
Insurance on freight
Commission paid to job worker
Sub Total
Less: trade Discount
Taxable Value of Supply

Add: IGST @ 18%

Invoice Price

Computation of Taxable value of Supply and GST Payable

Particulars

Value of Supply (400000 + Cash discount 20000)

ADD: Installation expenses charged separately

Design charges paid by the buyer
Packing charges (Secondary)
Cost of material supplied by the buyer free of charge
Pre-delivery inspection charges
Loading and handling charges within the factory
Bought-out-accessories supplied
Taxable Value of Supply
Add: IGST @ 18%

Invoice Price

Computation of Taxable Turnover and GST Payable

Particulars

Chocolates not containing cocoa

Mineral water was transferred to their branch

Allopathic medicine containing alcohol

Skimmed milk powder

Goods exported to London

Silver Goods

Coffee beans

petroleum products
sale of alcoholic liquor

Laptop

Total

Calculation of Net GST Payable

Particulars
GST Payable
Less : Input Tax Credit (60000)
IGST ITC
Balance
Less : Input Tax Credit (60,000- 25000)= 35000
Net GST Payable

Computation of GST payable on Outward Supplies

Particulars Amount
i. Intra State supply 8,00,000
CGST @ 9% , SGST @ 9%
ii. Inter State supply ( IGST @ 18%) 3,00,000
GST Payable on Outward Supply ***

Computation of Input Tax Credit

Particulars Amount
opening ITC Balance
Plus: Intra State Purchase ( CGST @ 9%, SGST@9%) 3,00,000
Inter state Purchase ( IGST @ 18%) 50,000
Total Input tax Credit

Computation of Net GST payable

Particulars CGST
GST Payable ( Output Tax on Supply/sale) 72000
Less: Input tax credit (ITC) -57,000
Balance ( IGST ITC = 79000-54000= 25,000) 15,000
Less : ITC 15,000
Net GST Payable Nil

Computation of Taxable value of inward supply

Particulars
Purchased raw material
Consultation fees
Storage cost
Transportation cost
Labour cost
Taxable Value of inward Supply
CGST @ 6%
SGST @ 6%
Total value

Computation of taxable value of Outward supply

Particulars
Value of supply
Add: CGST @ 6%
SGST @ 6%
Invoice price

Computation of Net GST payable

Particulars CGST
GST Payable ( Output Tax on Supply/sale) 31230
Less: Input tax credit (ITC) 27,750

Net GST Payable 3480

Computation of Taxable value of inward supply

Particulars
Purchased raw material
Legal fee
storage fee
Transportation
Other Manuf. Exp
wages
Furniture
Taxable Value of inward Supply
CGST @ 9%
SGST @ 9%
Total value

Computation of taxable value of Outward supply

Particulars
Value of supply
Add: CGST @ 9%
SGST @ 9%
Invoice price

Computation of Net GST payable

Particulars CGST
GST Payable ( Output Tax on Supply/sale) 31500
Less: Input tax credit (ITC) 25,740

Net GST Payable 5760

Computation of Taxable value of inward supply

Particulars Taxable value

Purchase of goods (IGST @18%) 280000
Telephone bill ( CGST @ 9% & SGST 9% ) 10000
Air Conditioner 22000
Total Input Tax

Computation of ouput tax

Particulars Taxable value

Goods sold 350000

Goods sold 100000

Output Tax

Computation of Net GST payable

Particulars CGST
GST Payable ( Output Tax on Supply/sale) 31500
Less: Input tax credit (ITC) 2,880
Balance payable 28,620
Less: Input tax credit 28,620
Net GST Payable Nil

Computation of Input Tax

Particulars Taxable value

Input tax paid ***
Total ITC

Computation of Output Tax

Particulars Taxable value
sales (9500*85) 807500
Exports sales (1000 * 85) 85000
Total Output tax 892500

Computation of Net GST payable

Particulars CGST
GST Payable ( Output Tax on Supply/sale) 48450
Less: Input tax credit (ITC) 48,450

Net GST Payable Nil

Balance in credit Ledger 1550

Computation of Input Tax

Particulars Taxable value

Input tax paid ***

Total ITC

Computation of Output Tax

Particulars Taxable value

sales (9500*85) 807500

Exports sales (1000 * 85) 85000
Total Output tax 892500

Computation of Net GST payable

Particulars CGST
GST Payable ( Output Tax on Supply/sale) 48450
Less: Input tax credit (ITC) 48,450

Net GST Payable Nil

Balance in credit Ledger 1550
 Computation of Admissible ITC to ABC Ltd for the month of August 2019
Particulars CGST /SGST

Goods purchased from PQR Ltd. (Full payment is made by ABC Ltd. to
PQR Ltd. against such supply but tax has not been deposited by PQR
Ltd.) Goods purchased Nil

Goods Purchased without invoice Nil

Purchased of goods not used for business purposes Nil

Purchases of goods from BT Ltd. (Invoice of BT Ltd. is received in the month

of September 2019 but goods were received in the month of October 2019) nil

Goods purchased against a valid invoice from AFG Ltd. Tax has been
deposited by AFG Ltd. ABC Ltd. has made payment to AFG Ltd. for such
purchases in the month of September 2019. 28000

Computation of ITC eligible on Input

Particulars Taxable value

Raw Material A purchased within the State (CGST @ 2.5%

AND SGST @ 2.5%) 400000
Raw Material B purchased from local market (CGST @ 6%
AND SGST @ 6%) 300000

Raw Material C purchased from registered dealer (Rate 5%) 45,000

Raw Material B purchased within the state from URD (Rate
18%) 45000
Raw Material D purchased within state from a dealer who
opted for composition scheme (Rate 12%) 700,000
Raw Material E imported from UK, excluding IGST (Rate
28%) 85,000

Raw Material B purchased from other State (Rate 5%) 40000

Raw Material F imported from USA (Rate 12%) 550000

Raw Material G imported from Afghanistan (excluding GST

Rate (18%) (118000/118 * 100) (IGST 100000*12%) 100000
Raw Material S purchased at 0% rate 2,000,000
Raw Material Z purchased was exempt from GST at the
time of purchase 50000
Total ITC eligible

Calculation of Value of Outward Supply

Particulars Amount

Purchase of RM (10500/105 *100) 10000

Manufacturing expenses 500
Wages 500
Storage cost (525/105 *100) 500
Consultation fees 500
Selling expense 1000
Total Cost 13000
Add: Profit Margin 2000
Value of Outward Supply 15000
add: CGST @ 6% 900
SGST @ 6% 900
Invoice Price 16800

Computation of ITC eligible on Input

Particulars Taxable value
Purchase of RM (GST @ 5%) 10000
Storage cost (GST @ 5%) 500
Consultation fees (GST @ 18%) 500
TOTAL ITC

Computation of Net GST payable

Particulars CGST
GST Payable ( Output Tax on Supply/sale) 900
Less: Input tax credit (ITC) 307.5

Net GST Payable 592.5

Balance in credit Ledger

Calculation of Value of Outward Supply

Particulars Amount
Intra-state purchase 500000
RM from URD 160000
Import of goods 400000
Inter-State purchase of RM 100000

Cost of transportation charges, wages and other 280,000

manufacturing expenses
Interest paid on bank loan ***
Total Cost 1,440,000
Add: Profit (14,40,000 *10/100) 144000
Value of Outward Supply/ sales 1,584,000
Add: CGST@9% (15,84,000*50/100*9/100) 71280
SGST@9% (15,84,000*50/100*9/100) 71280
IGST @18% (15,84,000*50/100*18/100 142560
Invoice price 3,453,120
Note: It is assumed that 50% supplies are local sales and
remaining 50% of inter-state sales

Computation of ITC eligible on Input

Particulars Taxable value
Intra-state purchase (CGST @ 9% SGST@9% 500000
RM from URD 160000
Import of goods (IGST@18%) 400000
Inter-State purchase of RM (IGST@18%) 100000
TOTAL ITC
Note: GST rate for Inward supply = 18%

Computation of Net GST payable

Particulars CGST
GST Payable ( Output Tax on Supply/sale) 71280
Less: Input tax credit (ITC) 45,000

Net GST Payable 26,280

Balance in credit Ledger
 I. Calculation of Net GST Payable If Credit on all input is eligible
Calculation of Value of Outward Supply
Particulars Amount
Purchase of RM (472000/118 *100) 400000
transportation cost 25000
manufacturing expenses 225,000
advertisement 42,500
Total Cost 692,500
Add: Profit @ 25% on sale (692500*25/100-25) 230833
sales / Value of outward Supply 923,333
Add: CGST@9% (923333*70/100*9/100) 58170
SGST@9% (923333*70/100*9/100) 58170
IGST@18% (923333*20/100*18/100) 33240

Computation of ITC eligible on Input

Particulars Taxable value
Inter-state purchase (IGST@18%) 400000

Computation of Net GST payable

Particulars CGST
GST Payable ( Output Tax on Supply/sale) 58170
Less: Input tax credit (ITC) 38,760

Net GST Payable 19,410

Balance in credit Ledger

II. Calculation of Net GST Payable If Credit on all input is ineligible

Calculation of Value of Outward Supply
Particulars Amount
Purchase of RM 472000
transportation cost 25000
manufacturing expenses 225,000
advertisement 42,500
Total Cost 764,500
Add: Profit @ 25% on sale (764500*25/100-25) 254833
sales / Value of outward Supply 1,019,333
Add: CGST@9% (1019333*70/100*9/100) 64218
SGST@9% (1019333*70/100*9/100) 64218
IGST@18% (1019333*20/100*18/100) 36696

Computation of Net GST payable

Particulars CGST
GST Payable ( Output Tax on Supply/sale) 64218
Less: Input tax credit (ITC) Nil

Net GST Payable 64,218

a. Calculation of Net GST Payable when Mr.Ram is a registered dealer

Computation of Input Tax

Particulars Taxable value

Purchase of RM (IGST @18%) 125000

 Total ITC

Computation of Output Tax

Particulars Taxable value
value of Supply (CGST@9%, SGST@9%) 175000

Total Output tax

Computation of Net GST payable

Particulars CGST
GST Payable ( Output Tax on Supply/sale) 15750
Less: Input tax credit (ITC)
a. IGST ITC Utilized towards CGST 15750
b. IGST ITC Utilized towards SGST
Net GST Payable Nil
Balance in credit Ledger

b. Calculation of Net GST Payable when Mr.Ram is a Unregistered dealer

If Mr. Ram is unregistered dealer his GST Liability will be Nil

C. If Mr.Ram makes an inter State supply of Rs 75000

If Mr Ram makes an interstate supply then he requires to seek GST Registration, in

case his GST liability will be

Computation of Input Tax

Particulars Taxable value

Purchase of RM (IGST @18%) 125000

Total ITC
 Computation of Output Tax
Particulars Taxable value
value of Supply (CGST@9%, SGST@9%) 175000
Inter state Supply (IGST @18%) 75000
Total Output tax

Computation of Net GST payable

Particulars CGST
GST Payable ( Output Tax on Supply/sale) 15750
Less: Input tax credit (ITC)
a. IGST ITC Utilized towards IGST
b. IGST ITC Utilized towards CGST 9000

Net GST Payable 6750

Balance in credit Ledger

Computation of Output Tax

Taxable
Particulars
value
Intra-State Supply (CGST@9%, SGST@9%) 420000

Inter-state supplies (IGST@18%) 420000

Total OutPut TAX
Computation of ITC eligible on Input
Particulars Taxable value
Balance ITC
Less: Credit Reversal
Goods used for Personal Purpose (CGST 100000*9%,
SGST= 100000*9%)
Total Eligible Credit

Computation of Net GST payable

Particulars CGST
GST Payable ( Output Tax on Supply/sale) 37800
Less: Input tax credit (ITC)
a. CGST ITC Utilized towards CGST 33500
b. SGST ITC Utilized towards SGST

Net GST Payable 4300

Balance in credit Ledger
Calculation of Selling price
Purchased Cost / unit 1750
Add: OH Cost per unit 75
Total Cost Per unit 1825
Add: Profit per unit ( 10/100 * 1825) 182.5
Selling Price per unit 2007.5

Computation of Output Tax

Particulars Taxable
value
Intra-State Supply (200*2007.5) (CGST@9%, SGST
@9%) 401500
Inter-state supplies (100*2007.5) (IGST @18%) 200750
Exports Supplies Nil
Total OutPut TAX 602250

Computation of ITC eligible on Input

Particulars Taxable value
Mobile Purchased ( 500 * 1750) 875000
Less: Credit Reversal
Distributed as Free Samples (25*1750) 43750
Total Eligible Credit

Computation of Net GST payable

Particulars CGST
GST Payable ( Output Tax on Supply/sale) 36135
Less: Input tax credit (ITC)
a. CGST ITC Utilized towards CGST 36135
b. SGST ITC Utilized towards SGST
c. CGST ITC Utilized towards IGST
Net GST Payable Nil
Balance in credit Ledger 2543

Computation of Output Tax

Particulars Taxable
value
value of Supply (50*30000) (IGST @ 12%) 1500000

Computation of ITC eligible on Input

Particulars Taxable value
Purchase of Goods (CGST@6%, SGST @6%) 500,000
Services (CGST@9%, SGST @9%) 45000
Purchase of Machinery ( CGST@9%, SGST @9%) 1,000,000
Total Eligible Credit

Computation of Net GST payable

Particulars CGST
GST Payable ( Output Tax on Supply/sale)
Less: Input tax credit (ITC)
a. CGST ITC Utilized towards IGST
b. SGST ITC Utilized towards IGST

Net GST Payable

Balance in credit Ledger Nil

Computation of Output Tax

Taxable
Particulars value
Supply of Goods (CGST@9%, SGST @9%) 2590000
Supply of Exempted Goods 1300000
Total Output Tax

Computation of ITC eligible on Input

Particulars Taxable value
Purchase of RM ( 1680000/112*100)(CGST@6%,
SGST@6%) 1,500,000
Interstate Purcahse Of RM ( 532000/112*100) (IGST
@12%) 475000

Import of RM ( 2,50,000/105 *100) (IGST@5%) 238,095

Less: Credit Reversal towards Exempted Supply

Total Eligible Credit

Computation of Net GST payable

Particulars CGST

GST Payable ( Output Tax on Supply/sale) 233100

Less: Input tax credit (ITC)
a. CGST ITC Utilized towards CGST 90000
b. SGST ITC Utilized towards SGST
c. IGST ITC Utilized towards CGST 48905
Net GST Payable 94195
Balance in credit Ledger Nil

Computation of Output Tax

Particulars Taxable
value
Supply of Goods (CGST@9%, SGST @9%) 1,25,00,000

Total Output Tax

Computation of ITC eligible on Input

Particulars Taxable value
RM purchased (IGST@18%) 7,500,000

RM purchased from Vasco, (CGST@9%, SGST@9%) 1,500,000

Pooja equipment purchased from other state 3,00,000
Motor spirit purchased
Total Eligible Credit

Computation of Net GST payable

Particulars CGST
GST Payable ( Output Tax on Supply/sale) 1125000
Less: Input tax credit (ITC)
a. CGST ITC Utilized towards CGST 135000
b. SGST ITC Utilized towards SGST
Balance 990000

c. IGST ITC Utilized towards CGST 990000

d. IGST ITC Utilized towards SGST
Net GST Payable
Balance in credit Ledger Nil

Computation of Output Tax

Taxable
Particulars value

Intrastate Supply ( 2000*300) (CGST@6%, SGST@6%) 600,000

Inter State Supply ( 3000*300) (IGST@12%) 900000

Goods sent on consignment agents (1000*300) (IGST

@12%) 300000
Total Output Tax

Calculation of unit Purchased

Manufactured Units 7000

Normal Loss 1000
Abnormal Loss 200
Total unit Purcahsed 8200
Less: Loss due to Theft 100
Eligible Unit Purcahsed for ITC 8100
Computation of ITC eligible on Input
Particulars Taxable value
Opening Balance
RM purchased (8100*225) (CGST@6, SGST@6%) 1,822,500
Total Eligible Credit

Computation of Net GST payable

Particulars CGST
GST Payable ( Output Tax on Supply/sale) 36000
Less: Input tax credit (ITC)
a. CGST ITC Utilized towards CGST 36000

b. SGST ITC Utilized towards SGST

Balance 0
c. CGST ITC Utilized towards IGST
Balance
d. SGST ITC Utilized towards IGST
Net GST Payable Nil
Balance in credit Ledger Nil

Caculation of Value of Outward Supply / Transaction Value

Taxable
Particulars
value
Import of skimmed milk powder with BCD ( 500000 *
110/100) 550,000
Pan masala purchased (150000/128 *100) 117188
Tea purchased from Kerala 40000
Consultation fees 8000
Legal fees 7000

Storage cost 3000

Subsidy received from central government Nil
Additional incentives 3000
Warranty charges 10000

Total Cost 738,188

Add: Profit Margin ( 30/100* 738188) 221456
Tranasaction Value 959,644
Add: CGST@9% 86368
SGST @ 9% 86368
Invoice Price 1132380

Computation of ITC eligible on Input

Particulars Taxable value
Import of skimmed milk powder (IGST@5%) 550000
Pan masala purchased (CGST@14%, SGST@14%) 117188
Tea purchased from Kerala (IGST@5%) 40000
ITC eligible

Computation of Net GST payable

Particulars CGST
GST Payable ( Output Tax on Supply/sale) 86368
Less: Input tax credit (ITC)
a. CGST ITC Utilized towards CGST 16406
b. SGST ITC Utilized towards SGST
Balance 69962
c. IGST ITC Utilized towards CGST 29500
Net GST Payable 40462
Caculation of Value of Outward Supply / Transaction Value
Taxable
Particulars
value
Raw material purchased from foreign market 1,000,000
Raw material purchased from Odisha
(50,000/112*100) 44643
Raw material purchased from local market
(3,00,000/112 *100) 267857
Transportation and insurance cost 45000
Manufacturing expenses 700,000
Material purchased from composition dealer 500000
Total Cost 2,557,500

Add: Profit (10% on Sales) (2557500 * 10/100-10) 284167

Selling price / Transaction value 2,841,667

Calculation of Output Tax

Taxable
Particulars value
Supply to SEZ in Bangalore (28,41667 *25/100) 710417
Local Supply ( 2841667* 75/100) (CGST@6%, SGST @
6%) 2131250

Total Output Tax

Computation of ITC eligible on Input

Particulars Taxable value
Raw material purchased from foreign market
(IGST@12%) 1,000,000

Raw material purchased from Odisha (IGST@12%) 44643

Raw material purchased from local market
(CGST@6%, SGST@6%) 267857
Material purchased from composition dealer 500000
Total ITC

Computation of Net GST payable

Particulars CGST
GST Payable ( Output Tax on Supply/sale) 127875
Less: Input tax credit (ITC)
a. CGST ITC Utilized towards CGST 16071
b. SGST ITC Utilized towards SGST
Balance 111804
c. IGST ITC Utilized towards CGST 111804
d. IGST ITC Utilized towards SGST
Net GST Payable Nil
le

Amount
770000
12250
16000
7500
6750
0
5000
3250
42000
862750
22000
840750

151335
992085

le

Amount

420000
30000

10000
80000
5000
2000
5000
10000
562000
 101160

663160

IGST
Taxable Supply Rate of Tax ( %)
Payable
125000 28 35000

420000 18 75600

194850 12 23382

55000 5 2750

555000 Exempt 0

5400000 3 162000

320000 0 0

nil ----
nil ----

27500 18 4950

7097350 303682

CGST SGST IGST

35000 35000 25000
*** **** -25000
35000 35000 Nil
-35000 *** ***
Nil 35,000 Nil

CGST SGST IGST

72,000 72,000 **

** ** 54,000
72,000 72,000 54,000

CGST SGST IGST

30000 30000 70000
27000 27000 ***
** ** 9000
57000 57000 79000

SGST IGST
72000 54000
-57000 -54000
15000 ***
10,000 **
5,000 Nil

Amount
 280000
35000
32000
28000
87500
462500
27750
27750
518000

ly

Amount
520500
31230
31230
582960

SGST
31230
27750

3,480

Amount
200000
8000
 15000
10000
16000
15000
22000
286000
25740
25740
337480

ly
Amount
350000
31500
31500
413000

SGST
31500
25,740

5,760

CGST SGST IGST

50400
900 900
1980 1980
2880 2880 50400

CGST SGST IGST

 31500 31500

18000
31500
31500 18000

SGST IGST
31500 18000
2,880 18000 50400- 18000= 32400 - 28620 = 3780
28,620 Nil
3,780
24,840 nil

CGST SGST
50000 50000
50000 50000

CGST SGST
48450 48450
nil nil
48450 48450

SGST
48450
 48,450

Nil
1550

Computation of Input Tax

CGST SGST Particul Taxable CGST SGST

ars value

50000 50000 Receipts o 2,000,000

50000 50000 Total ITC *** ***

Computation of Output Tax

Particul Taxable
CGST SGST ars value CGST SGST

48450 48450 Supplies wi1,200,000 108000 108000

nil nil Exports sal 2,000,000 nil nil
48450 48450 Total Output tax 108000 108000

SGST Computation of Net GST payable

48450 ParticulaCGST SGST IGST
48,450 GST Paya 108000 108000 ***
Less: Inp 108000 108000

Nil
1550 Net GST Nil Nil
Balance in credit Ledger 144000
nth of August 2019

on Input
CGST SGST IGST

10,000 10,000

18,000 18,000

1125 1125

NIL NIL
NIL NIL

** *** 23800

2000
66000

18000
nil nil **

nil nil
29125 29125 109800
CGST SGST
250 250
12.5 12.5
45 45
307.5 307.5

SGST
900
307.5

592.5
CGST SGST IGST
45000 45000
Nil Nil
72000
18000
45000 45000 90000

SGST IGST
71280 142560
45,000 90,000

26,280 52,560
l input is eligible

CGST SGST IGST

72000

SGST IGST
58170 33240
33,240 72000-33240= 38760

58,170 0

input is ineligible
 SGST IGST
64218 36696
Nil Nil

64,218 36,696

s a registered dealer

IGST

22500
 22500

CGST SGST
15750 15750

15750 15750

SGST IGST
15750 Nil

22500-15750= 6750
6750
9000 Nil

a Unregistered dealer

seek GST Registration, in that

IGST

22500
22500
CGST SGST IGST
15750 15750
13500
15750 15750

SGST IGST
15750 13500

13500 22500-13500 = 9000

15750 Nil

CGST SGST IGST

37800 37800

75600
37800 37800 75600
CGST SGST
42500 42500

9000 9000
33500 33500

SGST IGST
37800 75600

33500

4300 75600
CGST SGST IGST

36135 36135
36135

36135 36135 36135

CGST SGST
78750 78750

3937 3937
74813 74813

SGST IGST
36135 36135
 74813-36135 = 38678-36135= 2543
36135
36135
NIL Nil
38678 0

CGST SGST IGST

180000

CGST SGST
30,000 30,000
4050 4050
90000 90000
124,050 124,050

SGST IGST
180000

124050
55950 180000-124050 = 55950

Nil
 68100 0
124050-55950

CGST SGST IGST

233100 233100
Nil Nil
233100 233100

CGST SGST IGST

90,000 90,000

57000

11905
-20000

90,000 90,000 48,905

SGST IGST

233100

90000
 143100 Nil
Nil Nil

CGST SGST

#VALUE! #VALUE!

#VALUE! #VALUE!

CGST SGST IGST

###

135,000 135,000

135,000 135,000 ###

SGST IGST
1125000

135000
990000
1350000-
990000=
360000
360000
 630000 Nil
Nil Nil

CGST SGST IGST

36000 36000
108000

36000
36000 36000 144000
CGST SGST
45,000 75,000
109,350 109,350
154,350 184,350

SGST IGST
36000 144000

154350-
36000=
36000 118350

184350-
36000=
148350-
25650 =
0 144000 122700
118350
25650
25650
nil Nil
Nil 122700
CGST SGST IGST
27500
16406 16406
2000
16406 16406 29500

SGST IGST
86368

16406
69962

69962
CGST SGST IGST

Nil Nil

127875 127875

127875 127875

CGST SGST IGST

 120000

5357

16071 16071
Nil Nil
16071 16071 125357

SGST IGST
127875

16071
111804
125357-111804= 13553
13553
98251 Nil
 IGST

360000
360000

payable

360000-108000 = 252000
Sl. No
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Total GST Payable

Shri Laxman is a registered dealer in Karnataka. From the following particulars, find out GST payable on outwards
Sl. No
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2
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6
7

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7

Total GST Payable

Mr. Gopal Krishna submits the following information. Calculate the Transaction Value.
Sl. No
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2
3
4
5
6
7
8
9
10

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2
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4
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6
7
8
9
10

When purchase and supply made Intra-State: The following are details of purchases, sales, etc. effected by M/s So
Sl. No
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 2
3
4
5
6

Sl. No
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2
3
4
5
Cost of Production
Add: Profit @ 5% ( 5/100 *(400000* 70/100) ) ( value addition)
Transaction Value

MR. CA Ayush practicing Chartered Accountant (Bengaluru), received money from various clients
Sl. No
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4
5
6
7
8
9
10
11

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4
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8
9
10
11
Total

Compute the value of taxable services and tax payable under GST from the following information
Sl. No
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11
12
13
14

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12
13
14
Total
PROBLEM 19

Shri Bradman is a registered dealer in Karnataka. From the following particulars, find out taxable turnover and CGST and
Particulars
Samsung tablet sold to a registered dealer within the state
Speakers and monitors were transferred to their branch at Mandya
Cellphones are sold within the state
Edible Oil
sale of motor spirt to M/s Guru
Mobile Repairs service
Vegetables

Solution
Computation of Taxable turnover and CGST and SGST payable

Particulars
Samsung tablet sold to a registered dealer within the state
Speakers and monitors were transferred to their branch at Mandya
Cellphones are sold within the state
Edible Oil
sale of motor spirt to M/s Guru
Mobile Repairs service
Vegetables
Total

Note: It is assumed that monitors transferred between branches of two different business lines
PROBLEM 20
Compute the amount of GST to be paid by the dealer from Bangalore for the month of August
Particulars
Product A
Product B
Product C
Product D
Product E
Product F
Product G
Product H
Product I
Product J

Solution
Computation of GST payable
 Particulars
Product A
Product B
Product C
Product D
Product E
Product F
Product G
Product H
Product I
Product J
Total GST Payable

PROBLEM 21
Shri Laxman is a registered dealer in Karnataka. From the following particulars, find out GST payable on outwards supply

Shaving creams worth 2,02,000 sold to a registered dealer within the state (CGST & SGST rate is 9% each)
Speakers & monitors worth 2,20,000 were transferred to their branch at Mandya (CGST & SGST rate is 14% each)
Cell-phones worth 1,60,000 are sold within the state. (CGST & SGST rate is 6% each)
Frozen vegetables worth 54,000 are sold to a registered dealer in Mysore. (CGST & SGST rate is 9% each)
Butter milk worth 2,00,000 was transferred to their branch at Mangalore
Sale of motor spirit to a registered dealer in Mysore for 2,00,000
Sale of bangles to a registered dealer in Mangalore for 4,50,000

Solution
Computation of GST payable

Particulars
Shaving creams
Speakers & monitors
Cell-phones
Frozen vegetables
Butter milk
Sale of motor spirit
Sale of bangles

Total GST Payable

Note: It is assumed that speakers and monitors transferred between branches of two different business lines

Nil Rated 0% Grains, Salt, sugar, Jaggery etc

 Exmpted ( Basic tems ) milk, curd, buttermilk, lassi, bread, fruits,
Zero Rated Export and SEZ
Non GSt Petrol and alchohol products

PROBLEM 22
Mr. Gopal Krishna submits the following information. Calculate the Transaction Value.

Goods "U" purchased within the state (inclusive of GST @ 5%)

Goods "S" purchased within the state (inclusive of GST @ 12%)
Goods "H" Purchased from registered dealer at 12% GST
Goods "A" purchased in the local market from unregistered dealer at 12% GST.
Goods "D" purchased within the state from composite dealer at 5% GST
Goods "E" imported from HP excluding IGST @ 18%
Goods "V" purchased from AP inclusive of IGST @ 5%.
Goods "I" imported from Srilanka Including BCD and excluding IGST @ 18%.
Goods "N" imported from Thailand ( inclusive of BCD and GST@18%)
Labour Charges

Mr. Gopal krishna sold entire stock to Mr. Prasad a local dealer at a profit of 16% on the cost of prodcution.

Solution: Computation of Transaction Value

Goods "U" purchased within the state ( 615000/ 105 *100)

Goods "S" purchased within the state ( 612000/112 *100)
Goods "H" Purchased from registered dealer
Goods "A" purchased in the local market from unregistered dealer
Goods "D" purchased within the state from composite dealer
Goods "E" imported from HP
Goods "V" purchased from AP ( 63000/105 * 100)
Goods "I" imported from Srilanka Including BCD
Goods "N" imported from Thailand ( 618000/118 * 100)

add : labour Charges

Cost of Production
Add: Profit ( 16/100 * 3825871)
Transaction Value

PROBLEM 23
When purchase and supply made Intra-State: The following are details of purchases, sales, etc. effected by M/s Sood & C

Purchased Raw material 'A' from local dealer 1,12,000 (inclusive of GST @ 12%).
 Purchased Raw material 'B' from local dealer 2,24,000 (inclusive of GST @ 12%).
Purchased capital goods within the State to be used in manufacture of the taxable goods 2,80,000 (inclusive of GS
Other Direct and Indirect expenses 62,500.
5% profit margin on total cost.
During the month of December, 2018 only 70% production is sold within the State and applicable GST rate being 6

Compute Transaction Value

Solution: Computation of Transaction Value

Purchased Raw material 'A' from local dealer ( 112000 /112 *100)
Purchased Raw material 'B' from local dealer ( 224000/112 *100)
add: expenses
Depreciation ( 280000/112 *100) = 250000* 15/100
direct and Indirect exp
Cost of Production
Add: Profit @ 5% ( 5/100 *(400000* 70/100) ) ( value addition)
Transaction Value

PROBLEM 24
MR. CA Ayush practicing Chartered Accountant (Bengaluru), received money from various clients for th

Accounting and auditing services of 1,25,000

Representation before various statutory authorities 1,00,000
Cost accounting and cost auditing 50,000
Secretarial auditing 35,000
Verification of declarations in prescribed forms of compliance for obtaining a certificate of commencement of bus
Certificate of documents to be filed before ROC 25,000
Ledger maintenance, non-professional services and preparation of coaching material 20,000.
Fee for routine visits to income tax offices 55,000
Remuneration for teaching CA and ICWA students 30,000
Fee from outsourcing work of a client such as billing and ledger posting 75,000
Services rendered in Delhi 70,000
You are required to calculate GST payable, IGST rate is 18%, CGST is 9% and SGST rate

Solution: Computation of Transaction Value

Particulars
Accounting and auditing services
Representation before various statutory authorities
 Cost accounting and cost auditing
Secretarial auditing
Verification of declarations in prescribed forms of compliance
Certificate of documents to be filed before ROC
Ledger maintenance, non-professional services and preparation of coaching material
Fee for routine visits to income tax offices
Remuneration for teaching CA and ICWA students
Fee from outsourcing work of a client such as billing and ledger posting
Services rendered in Delhi
Total
PROBLEM 25
Compute the value of taxable services and tax payable under GST from the following information. Assu

Services by way of charitable activities

Services provided to own branch in other State
Technical consultancy services provided
Residential house rental income
Services of lodge where tariff is more than 2,000
Services provided to own partner in a firm
Transportation services to M.Com college students
Income earned from employment services
Services provided to SEZ unit
Consultancy services to customer in Singapore (10,000 dollars)
Business support services to municipal corporation
Design services to USA customer in Indian rupees
Health care services provided
Rental income from vacant land for car parking

Solution: Computation of Transaction Value

Services by way of charitable activities

Services provided to own branch in other State
Technical consultancy services provided
Residential house rental income
Services of lodge where tariff is more than 2,000
Services provided to own partner in a firm
Transportation services to M.Com college students
Income earned from employment services
Services provided to SEZ unit
Consultancy services to customer in Singapore (10,000 dollars)
Business support services to municipal corporation
Design services to USA customer in Indian rupees
Health care services provided
Rental income from vacant land for car parking
Total
 turnover and CGST and SGST payable under the GST Act:
CGST & SGST Sale amount
14 & 14 157500
9&9 72250
12 75550
2.5 & 2.5 19250
---- 222200
9&9 545000
----- 50000

d SGST payable
GST rate Value of
CGST SGST Supply CGST SGST
14 14 157500 22050 22050
9 9 72250 6502.5 10115
6 6 75550 4533 4533
2.5 2.5 19250 481.25 481.25
--- --- -- 0 0
9 9 545000 49050 49050
--- 0 0
869550 82616 82616

month of August
Place of Sale Rate Notified % Amount
Mysore 18 400000
Bangalore 5 20000
Chennai 0 480000
Jammu 18 800000
Haryana 12 1600000
Delhi Exempt 2400000
Export - China 12% 180000
SEZ in Pune 5 12000
URD within State 28 575000
SEZ Developer 18 750000
 Taxable Supply GST Rate CGST SGST IGST
40000018 ( CGST@9% and SGST @9%) 36000 36000
200005 ([email protected]% and SGST @2.5%) 500 500
480000 0 0
800000 IGST@18% 144000
1600000 IGST @ 12% 192000
2400000 Exempted
180000 0%
12000 0%
575000 28% ( CGST@14% and SGST @ 80500 80500
750000 0%
7217000 117000 117000 336000

le on outwards supply:

e is 9% each)
GST rate is 14% each)

e is 9% each)

Taxable Supply GST Rate CGST SGST IGST

202000 CGST 9% and SGST 9% 18180 18180
220000 CGST 14% and SGST 14% 30800 30800
160000 CGST 6% and SGST 6% 9600 9600
54000 CGST 9% and SGST 9% 4860 4860
200000 exmpted
200000 Non GST
450000 Exmpted

1486000 63440 63440

 Amount
615000
612000
60000
608000
668050
60000
63000
650000
618000
63950

Value of Supply
585714
546428
60000
608000
668050
60000
60000
650000
523729
3761921
63950
3825871
612139
4438010

ected by M/s Sood & Co. a registered manufacturer under the CGST Act, 2017:
80,000 (inclusive of GST @ 12%). Depreciation @ 15% to be charged.

cable GST rate being 6% CGST, 6% SGST.

Value of Supply
100000
200000

37500
62500
400000
14000
414000

arious clients for the services rendered in the month of April, 2017.

ommencement of business 40,000

9% and SGST rate is 9%.

Taxable Supply GST Rate CGST SGST IGST

125000 CGST 9% & SGST 9% 11250 11250
100000 CGST 9% & SGST 9% 9000 9000
 50000 CGST 9% & SGST 9% 4500 4500
35000 CGST 9% & SGST 9% 3150 3150
40000 CGST 9% & SGST 9% 3600 3600
25000 CGST 9% & SGST 9% 2250 2250
20000 CGST 9% & SGST 9% 1800 1800
55000 CGST 9% & SGST 9% 4950 4950
30000 CGST 9% & SGST 9% 2700 2700
75000 CGST 9% & SGST 9% 6750 6750
70000 18% 12600
625000 49950 49950 12600

g information. Assume rate of tax to be 18%.

Amount
100000
240000
175000
385000
90000
10000
140000
600000
420000
750000
720000
260000
77000
380000

GST Rate CGST SGST IGST

Value of Supply
100000 Exempted
240000 18% 43200
175000 CGST@9% and SGST@9% 15750 15750
385000 Exempted
90000 CGST@9% and SGST@9% 8100 8100
10000 CGST@9% and SGST@9% 900 900
140000 Exempted
600000 Exempted
420000 Exempted
750000 Exempted
720000 Exempted
 260000 IGST @ 18% 46800
77000 Exempted
380000 CGST@9% and SGST@9% 34200 34200

4347000 58950 58950 90000