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 Case I
1. ‘M/s Kalpavriksha Iron Traders’ (KIT) is located in the city of Visakhapatnam & is
registered under GST in the State of Andhra Pradesh. On 1st May, ‘KIT’ received
an order for supply of different variety of iron bars amounting to ₹ 60,00,000
(exclusive of GST) from ‘TMT Pvt. Ltd.’ located in the city of Hyderabad and
registered under GST in the State of Telangana.
The details of advance payment, issue of invoice and the terms & conditions of the
contract relating to delivery of iron bars are as follows:-
1. The buyer has to pay ₹ 7,00,000 as advance to the supplier.
2. The balance amount needs to be paid within 25 days from the date of
issue of invoice.
3. The supplier will bear the goods transportation and other related charges.
4. If payment is not received within the stipulated time limit, then buyer
needs to pay penal charges (taxes, if any to be paid separately) as follows:
Delay (in 1 to 10 11 to 20 21 to 30 More than 30
days)
50,000+ 1,30,000+ 2,30,000+
Penal 5,000 (₹ 8,000 (₹ 10,000 (₹ 12,000
charges Per day Per day) Per day) Per day)
5. If the entire (i.e. 100%) payment is received within the period as
mentioned in the below table, the recipient will be entitled for discount as
follows:
No. of days* 1 to 5 6 to 10 11 to 15 After 15th

Total discount ₹ 15,000 ₹ 10,000 ₹ 8,000 No Discount

* within which the payment is received after the date of invoice Discount
will be given only when the full payment is made.
 The details of invoice & payment are as follows:

Date Particulars
2nd May TMT Pvt. Ltd. paid the stipulated amount of
advance to KIT
5th May Invoice issued to TMT Pvt. Ltd.
10th May 30% of the invoice amount is paid
11th May Another 20% of the invoice amount is paid
14th May Balance amount is paid
On 3rd May, TMT Pvt. Ltd. requested KIT to deliver the iron bars to Sakthi Iron &
Steels (SIS) located in the city of Mumbai (maharashtra). On 5th May, KIT entered
into a contract with ‘Express transports’ [a Goods Transport Agency (GTA) located
& registered under GST in the State of Andhra Pradesh charging GST at the rate of
5% on its services] for delivery of iron bars at Mumbai. The freight charges and
loading charges for the delivery services provided by GTA are ₹ 1,50,000 (exclusive
of GST) and ₹ 5000 (exclusive of GST) respectively.
The iron bars are removed from the warehouse of KIT on 6th May and an e-way
bill is generated at 00:15 AM on 6th May. The distance from the warehouse of KIT
to location of
SIS is 510 km. KIT paid the freight charges to the transporter immediately after
the delivery of the goods.
Note:
1. If buyer receives any discount from the supplier, he will reverse the
proportionate ITC availed at the time of purchase.
2. The iron bars are not Over Dimensional Cargo.
Based on the facts of the case
scenario given above, choose the most appropriate answer to Q. Nos. 1. to 6.:-
 Case II
‘Suraksha Travels Pvt. Ltd’ (STPL) is established on 3rd April in the city of
Bangalore (Karnataka) and the primary objective of the company is to
provide air-conditioned contract-based passenger transportation services at
affordable fares. The company obtains the voluntary registration under GST
from 1st May. On 1st July, the company purchased motor vehicles of various
seating capacities as follows.
Purchase price
Seating capacity No. of (per vehicle
(including vehicles exclusive of Rate of GST
driver) taxes)
7 persons 4 10,00,000 CGST-9%; SGST - 9%
9 persons 3 12,00,000 CGST-9%; SGST - 9%
11 persons 2 14,00,000 CGST-9%; SGST - 9%
14 persons 1 15,00,000 IGST-18%
From the month of July, STPL associated with RUBA Ltd. for enhancing the business
operations. RUBA Ltd. owns/operates an electronic platform for supply of
passenger transportation services in Bangalore. The company developed an
application called ‘RUBA’ through which the customers can access the nearest
available motor vehicles (cabs) and avail the services. RUBA Ltd. collects the
consideration for the services from the customers and remits the same to the
service provider (STPL) after retaining the commission charged by it for using its
electronic platform.
The details of few bookings of STPL in the month of July are as follows:
(These bookings are obtained by STPL on its own account and not through RUBA
Ltd.)
Order No. Date of Starting Ending Residence Date of Status of
travel city city of the payment customer
customer /booking
CA-234 5th July Bangalore Chennai Bangalore 3rd July Registered
CA-435 11th July Bangalore Chennai Chennai 9th July Unregistered
PH-534 16th July Chennai Bangalore Hyderabad 14th July Registered
GK-987 19th July Hyderabad Bangalore Delhi 17th July Unregistered
UV-777 22nd July Bangalore Hyderabad Mumbai 20th July Registered
XE-001 25th July Chennai Bangalore Kolkata 23rd July Unregistered
The invoice is issued electronically on the date of travel immediately after the
completion of the journey.
The details of the passenger transportation services supplied by STPL through RUBA
Ltd. & GST payable on the supply is as follows:-
Particulars July (₹) August (₹) September (₹)
Value of services 1,30,00,000 1,25,00,000 1,40,00,000
CGST 9,00,000 8,00,000 8,50,000
SGST 9,00,000 8,00,000 8,50,000
IGST 4,00,000 3,50,000 4,50,000
Note:
1. All amounts are exclusive of CGST/SGST or IGST, as the case may be.

2. Booking will be confirmed only after paying total fare for the journey.

3. There is no other inward or outward supply transaction for STPL in the relevant

period apart from the aforementioned transactions.

4. Subject to the information given above, assume that all the other conditions

necessary for availing ITC have been fulfilled.

Based on the case scenario given above, choose the most appropriate answer to Q. nos. 1. to 5.:-
 Case III
REL Ltd. engaged in export and import of goods (Registered in
Jaipur).REL Ltd. furnished following information’s.
(i) Assessable value of the imported equipment US $ 10,100.
(ii) Date of Bill of Entry 1.4.2018 basic customs duty on this date
20% and exchange rate notified by the Central Board of
Indirect Tax and Customs US $ 1 = 65 and Rate notified by RBI
is 64.
(iii) Date of Entry inwards 27.3.2018 basic customs duty on this
date 16% and exchange rate notified by the Central Board of
Indirect Tax and Customs US $ 1 = 50 and Rate notified by RBI
is 52.
(iv) Integrated Tax payable under Sec. 3(7) of the Customs Tariff
Act, 1975: 15%.
(v) GST compensation cess is Nil.
(vi) Date of arrival of vessels at a Customs Station 27.3.2018.