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?

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Is it Output GST of Aug or Sep

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Compute Output, Input and GST Payable

Intro 1 .jpg

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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?

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Compute Output, Input and GST Payable

Intro 2.jpg

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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?

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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

Intro 3 .jpg

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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

Q1.jpg

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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

Q2.jpg

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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

Q3.jpg

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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

Q4.jpg

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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

Q5.jpg

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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

Q5.jpg

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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

Q5.jpg

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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

Q5.jpg

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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%

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Company claims Depreciation @ 15% on Machine Cost of 8000, What is Value of Capital Goods for GST Computation

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Company claims Depreciation @ 15% on Machine Cost of 9440, What is Value of Capital Goods for GST Computation

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  1. Taxation for CA,CS,CMA Bcom M Com Exams May - June 2018
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About the Author

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CA Maninder Singh
CA Maninder Singh is a Chartered Accountant for the past 8 years. He provides courses for Practical Accounts, Taxation and Efiling at teachoo.com .
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