Page 73 - CA Final GST

Badlani Classes

5- Holding an Indian Premier League (IPL) Match between KKR and MI, entry tickets
whereof were sold for `600 per person :n`60 lakh;
6- Holding an award function, entry tickets whereof were sold for `600 per person : `50
lakhs;
7- Collections from a joy-rides: `11 lakh;
8- Running a video-parlour showing cinematographic films: `12 lakh;
9- Acting as an event manager for organization of an entertainment event: `4 lakh;
10- Receipts from running a circus (ticket price `600 per person): `12 lakh;
11- Ballet, with ticket prices of `1000 per person : `20 lakhs.
12- Showing cinematographic films (ticket is `80 per person): `10 lakh;
13- Running Gambling Services and Casinos: Bet Value `100 lakh placed by customers,
net profit `7 lakh,
Ans. Computation of GST liability (Rs in Lacs)
Holding a dance programme, entry tickets whereof were sold for `1000 per 50
person
Holding a dance programme, entry tickets whereof were sold for `400 per Exempt
person [exempt, as price is upto`500 per person]
Admission to Planetarium Exempt
Holding a cricket match between India & South Africa organized by Exempt
BCCI, entry tickets whereof were sold for `25.50 per person [Exempt, as
price is upto`500 per person]
Holding an Indian Premier League (IPL) Match between KKR and MI, 60
entry tickets whereof were sold for `600 per person :

Holding an award function, entry tickets whereof were sold for `600 per 50
person :
Collections from a joy-rides 11
Running a video-parlour showing cinematographic films: 12
Acting as an event manager for organization of an entertainment event 4
Receipts from running a circus (ticket price `500 per person) 12
Ballet, with ticket prices of `1000 per person 20
Showing cinematographic films (ticket is `80 per person) 10
Gambling Services and Casinos[ Bet Value] 100
Total 334

EXEMPTION : TRANSPORT OF PASSENGERS
Entry 15 Transport of passengers, with or without accompanied belongings, by –
(d) air, embarking from or terminating in an airport located in the state of
Arunachal Pradesh, Assam, Manipur, Meghalaya, Mizoram, Nagaland, Sikkim, or
Tripura or at Bagdogra located in West Bengal;
(e) NON-A Contract carriage other than radio taxi, for transportation of
passengers, excluding tourism, conducted tour, charter or hire; or
(f) NON AC stage carriage.
Entry 16 - Services provided to the Central Government,
- by way of transport of passengers with or without accompanied belongings,
- by air, embarking from or terminating at a RCS (Regional Connectivity Scheme)
airport,
- Consideration in the form of viability gap funding.

However, nothing contained in this entry shall apply on or after the expiry of a period
of 3 year from the date of commencement of operations of the regional connectivity Page72
scheme airport as notified by the Ministry of Civil Aviation.

Central Goods & Services Tax Act, 2017