Question

X Ltd. manufactures laptops. Y Ltd, manufactures printers. X Ltd. sells a laptop to Y Ltd. For this supply, Y Ltd. pays Rs.90,000 in cash and also
gives a printer manufactured by it. Known value of the printer is Rs.3.000. However, value of laptop is not available. What is the value of supply
in this case? (2 marks)

Answer 1

Answer:

X Ltd. manufactures laptops. Y Ltd, manufactures printers. X Ltd. sells a laptop to Y Ltd. For this supply, Y Ltd. pays Rs.90,000 in cash and also

gives a printer manufactured by it. Known value of the printer is Rs.3.000. However, value of laptop is not available. What is the value of supply

in this case? (2 marks)

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Answer 2

Answer:

X Ltd sells laptop to Y Ltd

Y Ltd pays ₹90,000 in cash

and also gives printer

value of printer is ₹ 3000

For X Ltd

Value of supply is ₹90000 and ₹3000 so ₹93000

for Ltd value of supply is ₹ 3000