INTRO 1
PURCHASE
A Ltd
Inv Date:-31 July
Bill to My Co
| PARTICULAR | QTY | RATE | AMT |
| ITEM A | 10000 | 5 | 50000 |
| ADD CGST | 14% | 7000 | |
| ADD SGST | 14% | 7000 | |
| TOTAL | 64000 |
Goods Received in Factory on 3 Aug
Note:
Input Available on Date Goods Received in Premises and Not Invoice Date
However, on Sales, Output to be Given as per Date of Invoice
SALES
My CO
Inv Date:-31 Aug
Bill to X Ltd
| PARTICULAR | QTY | RATE | AMT |
| ITEM A | 10000 | 7 | 70000 |
| ADD CGST | 14% | 9800 | |
| ADD SGST | 14% | 9800 | |
| TOTAL | 89600 |
Goods Delivered in 2 Sep
In what month is Input Available?
View AnswerAugust
Is it Output GST of Aug or Sep
View AnswerAugust
Compute Output, Input and GST Payable
INTRO 2
PURCHASE
A Ltd
Inv Date:-31 July
| PARTICULAR | QTY | RATE | AMT |
| ITEM A | 10000 | 5 | 50000 |
| ADD CGST | 14% | 7000 | |
| ADD SGST | 14% | 7000 | |
| TOTAL | 64000 |
Note:
Input Available on Date Goods Received in Premises and Not Invoice Date
Goods Received in Factory on 3 Aug
SALES
My CO
Inv Date:- 4 Aug
| PARTICULAR | QTY | RATE | AMT |
| ITEM A | 6000 | 7 | 42000 |
| ADD CGST | 14% | 5880 | |
| ADD SGST | 14% | 5880 | |
| TOTAL | 53760 |
My CO
Inv Date:-5 Sep
| PARTICULAR | QTY | RATE | AMT |
| ITEM A | 4000 | 8 | 32000 |
| ADD CGST | 14% | 4480 | |
| ADD SGST | 14% | 4480 | |
| TOTAL | 40960 |
When is Input Availabe?
View AnswerAugust
Compute Output, Input and GST Payable
INTRO 3
A Ltd
Inv Date:-28 Sep
| PARTICULAR | QTY | RATE | AMT |
| ITEM A | 20000 | 7 | 140000 |
| ADD CGST | 14% | 19600 | |
| ADD SGST | 14% | 19600 | |
| TOTAL | 179200 |
Note:
Input Available on Date Goods Received in Premises and Not Invoice Date
If goods received in lots, input available on Date Final lot received
9000 KG Goods Received in Factory on 28 Sep, 10000 kg on 30 Sep and Remaining on 1 Oct
When is Input Available?
View AnswerOctober
SALES FROM SHOP
My CO
Inv Date:-29 Sep
| PARTICULAR | QTY | RATE | AMT |
| ITEM A | 5000 | 8 | 40000 |
| ADD CGST | 14% | 5600 | |
| ADD SGST | 14% | 5600 | |
| TOTAL | 51200 |
SALES DELIVERY TO CUSTOMER
My CO
Inv Date:-31 Oct
| PARTICULAR | QTY | RATE | AMT |
| ITEM A | 15000 | 10 | 150000 |
| ADD CGST | 14% | 21000 | |
| ADD SGST | 14% | 21000 | |
| TOTAL | 192000 |
Good Delivered 13000 kg on 31 Oct and Remaining 2000 kg on 1 Nov
Compute Output,Input and GST Payable
Q1
A Ltd
Purchase of Goods for Sale 10000
| Particular | Amount |
| CGST 9% | 900 |
| SGST 9% | 900 |
| Total | 11800 |
B Ltd
Stationary for Office 3000
| Particular | Amount |
| CGST 9% | 270 |
| SGST 9% | 270 |
| Total | 3540 |
AIRTEL
Internet Charges 2000
| Particular | Amount |
| CGST 9% | 180 |
| SGST 9% | 180 |
| Total | 2360 |
My CO
Bill to X Ltd
| Particular | Amount |
| Sale of Goods | 16000 |
| CGST 9% | 1440 |
| SGST 9% | 1440 |
| Total | 18880 |
Compute Output, Input and GST Payable
Q2
A Ltd
Purchase of Goods for Sale 10000
| Particular | Amount |
| CGST 9% | 900 |
| SGST 9% | 900 |
| Total | 11800 |
C Ltd
Food for Employees 3000
| Particular | Amount |
| CGST 9% | 270 |
| SGST 9% | 270 |
| Total | 3540 |
My CO
Bill to X Ltd
| Particular | Amount |
| Sale of Goods | 16000 |
| CGST 9% | 1440 |
| SGST 9% | 1440 |
| Total | 18880 |
Compute Output, Input and GST Payable
Q3
A Ltd (Normal Dealer)
| Particular | Amount |
| item A | 20000 |
| CGST 9% | 1800 |
| SGST 9% | 1800 |
| Total | 23600 |
D Ltd (Composition Dealer)
| Particular | Amount |
| item A | 40000 |
| (Tax Inclusive) | |
| Total | 40000 |
X Wants to Sell Goods at 20% Profit.Make Sales Bill
My CO
Bill to X Ltd
| Particular | Amount |
| Sale of Goods | 72000 |
| CGST 9% | 6480 |
| SGST 9% | 6480 |
| Total | 84960 |
Compute Output, Input and GST Payable
Q4
A Ltd
Purchase of Goods for Sale 30000
| Particular | Amount |
| CGST 9% | 2700 |
| SGST 9% | 2700 |
| Total | 35400 |
E Ltd (Unregistered Dealer)
| Particular | Amount |
| Purchase of Goods for Sale | 50000 |
| Total | 50000 |
SALES
My CO
Bill to X Ltd
| Particular | Amount |
| Sale of Goods | 100000 |
| CGST 9% | 9000 |
| SGST 9% | 9000 |
| Total | 118000 |
Compute Output, Input and GST Payable
Q5
A Ltd
| Particular | Amount |
| Purchase of Goods for Sale | 20000 |
| CGST 9% | 1800 |
| SGST 9% | 1800 |
| Total | 23600 |
B Ltd
| Particular | Amount |
| Machine Used for Sale/Production | 30000 |
| CGST 9% | 2700 |
| SGST 9% | 2700 |
| Total | 35400 |
C Ltd
| Particular | Amount |
| Fax Machine Used in Office | 10000 |
| CGST 9% | 900 |
| SGST 9% | 900 |
| Total | 11800 |
My CO
Bill to X Ltd
| Particular | Amount |
| Sale of Goods | 80000 |
| CGST 9% | 7200 |
| SGST 9% | 7200 |
| Total | 94400 |
Compute Output, Input and GST Payable
Q6
A Ltd
| Particular | Amount |
| Purchase of Goods for Sale | 20000 |
| CGST 9% | 1800 |
| SGST 9% | 1800 |
| Total | 23600 |
B Ltd
| Particular | Amount |
| Spare Part of Machine Replaced | 10000 |
| CGST 9% | 900 |
| SGST 9% | 900 |
| Total | 11800 |
C Ltd
| Particular | Amount |
| Spare Part of Machine to increase Efficiency | 10000 |
| CGST 9% | 900 |
| SGST 9% | 900 |
| Total | 11800 |
My CO
Bill to X Ltd
| Particular | Amount |
| Sale of Goods | 80000 |
| CGST 9% | 7200 |
| SGST 9% | 7200 |
| Total | 94400 |
Compute Output, Input and GST Payable
Q7
A Ltd
| Particular | Amount |
| Purchase of Goods for Sale | 20000 |
| CGST 9% | 1800 |
| SGST 9% | 1800 |
| Total | 23600 |
B Ltd
| Particular | Amount |
| Car Used for Goods Transport | 400000 |
| CGST 9% | 36000 |
| SGST 9% | 36000 |
| Total | 472000 |
C Ltd
| Particular | Amount |
| Car Used for Passenger Transport | 350000 |
| CGST 9% | 31500 |
| SGST 9% | 31500 |
| Total | 413000 |
My CO
Bill to X Ltd
| Particular | Amount |
| Sale of Goods | 80000 |
| CGST 9% | 7200 |
| SGST 9% | 7200 |
| Total | 94400 |
Compute Output, Input and GST Payable
Q8
FOR A PASSENGER TRANSPORT BUSINESS
A Ltd
| Particular | Amount |
|
Fuel (Diesel) (tax Inclusive) |
20000 |
| Total | 20000 |
B Ltd
| Particular | Amount |
| Passenger Transport | 400000 |
| CGST 9% | 36000 |
| SGST 9% | 36000 |
| Total | 472000 |
C Ltd
| Particular | Amount |
| Repair and Maintenance | 15000 |
| (From unregistered) | |
| Total | 15000 |
My CO
Bill to X Ltd
| Particular | Amount |
| Taxi Business | 80000 |
| CGST 9% | 7200 |
| SGST 9% | 7200 |
| Total | 94400 |
Compute Output, Input and GST Payable
Q9
A Ltd
| Particular | Amount |
| Purchase of Goods for Sale | 16000 |
| CGST 9% | 1440 |
| SGST 9% | 1440 |
| Total | 18880 |
B Ltd
| Particular | Amount |
| Machine Used for Sale/Production | 8000 |
| CGST 9% | 720 |
| SGST 9% | 720 |
| Total | 9440 |
My CO
Bill to X Ltd
| Particular | Amount |
| Sale of Goods | 80000 |
| CGST 9% | 7200 |
| SGST 9% | 7200 |
| Total | 94400 |
Calculate Dep on Machine @ 15%
View Answer1200
Company claims Depreciation @ 15% on Machine Cost of 8000, What is Value of Capital Goods for GST Computation
View Answer8000
Company claims Depreciation @ 15% on Machine Cost of 9440, What is Value of Capital Goods for GST Computation
View Answer8000
