Question

Marks: 2
Determine Value of Taxable Supply as per Section 15 of the CGST Act 2017; Contracted Sale Price of goods (including CGST
and SGST @ 5%) = Rs. 10,56,000 ; The contracted sale price includes the following elements of cost; (i) Cost of drawing and
design = Rs. 5,000 : (ii) Cost of primary packing = Rs. 2,000 : (iii) Cost of packing buyers request = Rs. 4,000; (iv) Freight and
Insurance from place of removal to buyres premises = Rs. 43,000 ; A discount of 6,000 was given by the supplier at the time
supply of goods. CGST and SGST is levied @ 5%.
1. O Rs 10.56​

Answer 1

Answer:

if you like my answer then mark me as branlist

Explanation:

Value of Supply = (Monetary Consideration + In-kind Consideration) - GST on Total Consideration Note: The value of supply includes cess, billable expenses, subsidies, penalties, and all taxes except GST (and any other charges that may or may not be included in the price of the goods and services supplied)

Answer 2

Answer:

yess wait a minute I will answer you