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Assignment - Indirect Tax 1

The document discusses the chargeability of GST on various services, including training provided by a charitable trust, passenger transport by radio taxi, and fees charged by a trade union. It also presents a scenario involving a manufacturer, wholesaler, retailer, and consumer, detailing the pricing and GST calculations for a product sold through multiple discounts. The document outlines the need to determine the inclusive tax prices and the GST amounts paid to both State and Central Governments.

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Abhirup Ghosh
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19 views1 page

Assignment - Indirect Tax 1

The document discusses the chargeability of GST on various services, including training provided by a charitable trust, passenger transport by radio taxi, and fees charged by a trade union. It also presents a scenario involving a manufacturer, wholesaler, retailer, and consumer, detailing the pricing and GST calculations for a product sold through multiple discounts. The document outlines the need to determine the inclusive tax prices and the GST amounts paid to both State and Central Governments.

Uploaded by

Abhirup Ghosh
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd
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1.

Discuss whether the following services are chargeable to GST


1.​ A charitable trust (registered under section 12AA of IT Act) provides training service to
residents of South Mumbai.
2.​ Passenger service transport by radio taxi.
3.​ Delhi edition of Hindustan Times is transported by rail from New Delhi to Kolkata.
4.​ A Trade union charges Rs. 100 per month as fees from its members.
IIM , Kolkata charges Rs. 3,50,000/ per company for participating in campus recruitment to select
students for providing Job.

2. A manufacturer listed the price of his goods at 2,00,000/. He allowed a discount of 10% to a wholesaler
who in turn allowed a discount of 5% on the listed price to a retailer. The retailer sells one article to a
consumer at a discount of 2% on the listed price. If all the sales are intra-state and the rate of GST is 12%,
find
i.​ the price per article inclusive of tax (under GST) which the wholesaler pays.
ii.​ the price per article inclusive of tax (under GST) which the retailer pays.
iii.​ the amount which the consumer pays for the article.
iv.​ the tax (under GST) paid by the wholesaler to the State Government for the article.
v.​ the tax (under GST) paid by the retailer to the Central Government for the article.
vi.​ the tax (under GST) received by the State Government

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