Q.53. M/s. Virendra Bros. Barnagar, a Registered supplier in M.P.
made the following supply,
1. Cloth purchased from Banaras (Uttarpradesh) 11,08,700
2. Wheat purchased from farmers supplied to Consumers 13,12,000
3. Exercise Books supplied to dealer of Delhi
7,17,500
4. Kirana goods received from U.P.
2,10,000
Supply of cloth includes Supply of readymade garments worth
1,87,000. Supply of readymade garments allowed 3,000 cash discount.
Calculate taxable value of supply and GST payable @ 5%.
Answers
Answered by
0
Answer:
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Answered by
1
Answer:
2138010
Explanation:
1108700+717500+210000=2036200 taxable value of supply before gst.
Add GST =2036200*5/100=101810.
taxable value of supply after GST =2036200+101810=2138010.
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