Q.32 :-Z Ltd. provides the following particulars relating to goods sold by it to Y Ltd.
List price of the goods Rs. 10,00,000
Tax levied by Municipal Authority Rs. 1,00,000
GST chargeable on the goods Rs 2,00,880
Packing charges (not included in Price above) Rs 20,000
Z Ltd. received Rs 40,000 as a subsidy from NGO on sale of such goods. The price of Rs. 10,00,000 of the goods is after considering such
subsidy. Z Ltd. offers 2% discount on the list price of the goods.
What ill be the value of taxable
supply made by z Ltd.
Rs. 11,10,000
Rs. 11,40,000
Rs. 10,50,000
Rs. 12,10,000
Rs. 12,40,000
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