Page 24 - CA Final GST

Badlani Classes

3- Purchased Plant of Rs 20,00,000/- + GST @ 20%
4- Life of plant is 5 years , Depreciation method SLM
5- Services of an engineer Rs 3,00,000/- + CGST @ 10% + SGST @ 10%
6- Processing cost Rs 4,00,000/-
7- Profit Rs 5,00,000/-, Output CGST @ 10% & SGST @ 10%.
Calculate Tax Liability.
Ques. 15 M/s A is engaged in manufacturing of a product & he furnishes you the following
details :
1- Raw Material purchased A for Rs 2,00,000/- plus GST @ 20%.
2- Raw Material Purchase B for Rs 3,00,000/- plus IGST @ 20%
3- Purchased Plant of Rs 10,00,000/- + IGST @ 10%
4- Life of plant is 5 years , Depreciation method SLM
5- Services of an engineer Rs 3,00,000/- + CGST @ 9% + SGST @ 9%
6- Processing cost Rs 5,00,000/-
7- Profit Rs 3,00,000/-, Output CGST @ 10% & SGST @ 10%.
Calculate Tax Liability.

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Central Goods & Services Tax Act, 2017