CA INTERMEDIATE

SUBJECT- TAXATION
Test Code – PIN 5082
(Date :)
(Marks -100 )
NOTES: (1) WORKING NOTES SHOULD FORM PART OF ANSWERS
(2) NEW QUESTION SHOULD BE ON NEW PAGE

PART – I (DIRECT TAX)

Question no.1 is compulsory and attempt any two of three questions.

QUESTION : 1
X(age : 30 years) is a salaried employee in Bombay. He gets the following emoluments from
his employer during the previous year ending March 31, 2020:

Rs.
Basic salary 4,80,000
Bonus 1,30,000
Commission (fixed) 1,48,000
House rent allowance 1,20,000
Employer’s contribution towards recognized provident fund 62,400
During the previous year 2019 – 20, the employer has provident a laptop computer for using
if for official and private purpose. Ownership is not transferred. Further the employer
provides club facility for official use.

He owns a house property which is used by him for his own residence. Municipal valuation
of the house property is Rs. 1,30,000 : whereas the standard rent under the Rent Control
Act is Rs. 1,20,000. He makes the following expenditures in respect of house property:
municipal taxes : Rs. 13,000; repairs : Rs. 11,000 ; interest on capital borrowed to pay
municipal tax : Rs. 3,150; and insurance : Rs. 1,600.

Besides, he has received Rs. 1,59,000 as interest from deposits in savings bank account. He
has received different gifts from A – Rs. 25,000 on October 1, 2019 and from B Rs. 26,000 on
March 1, 2020. During the previous year 2019 – 20, he makes the following expenditure and
investments :

Rs.
Contribution towards recognized provident fund 1,40,000
Payment of insurance premium on own life policy (sum assured in 2006 : Rs. 14,000
60,000)
Donation to the National Defence Fund 3,200
Determine the net income and tax liability of X for the assessment year 2020 – 21.

(14 MARKS)
QUESTION : 2

A. Paras aged 55 years is resident of India. During the F.Y. 2019-20, interest
of Rs. 2,88,000 was credited to his Non-resident (External) Account with SBI. Rs.
30,000, being interest on fixed deposit with SBI, was credited to his saving bank
account during this period. He also earned Rs. 3,000 as interest on this saving
account. Is Paras required to file return of income?

What will be your answer, if he owns one shop in Kerala having area of 150 sq. ft.?

(5 MARKS)
B. Rudra Ltd. has one unit at Special Economic Zone (SEZ) and other unit at Domestic Tariff
Area (DTA). The company provides the following details for the previous year 2019-20.

Particulars Rudra Ltd. (`) Unit in DTA (`)

Total Sales 6,00,00,000 2,00,00,000

Export Sales 4,60,00,000 1,60,00,000

Net Profit 80,00,000 20,00,000

Calculate the eligible deduction under section 10AA of the Income-tax Act, 1961, for
the Assessment Year 2020-21, in the following situations:

(i) If both the units were set up and start manufacturing from 22-05-2012.
(ii) If both the units were set up and start manufacturing from 14-05-2016.

(5 MARKS)

C. A is minor son of X and Mrs. X. Taxable business income of X is Rs. 10,00,000.

Taxable salary income of Mrs. X (after standard deduction) is Rs. 13,80,000. A
transfers a residential house property on April 10, 2019 (gifted about 4 years ago by
his maternal grandfather) for Rs. 60,00,000 (indexed cost of acquisition : Rs.
3,00,000). X transfers a plot of land on May 10, 2019 (long – term capital gain being
Rs. 54,00,000). A invests Rs. 50,00,000 in NHAI bonds on May 20, 2019. X invests Rs.
50,00,000 in NHAI bonds on June 1, 2019. Find out the income of X, Mrs. X and A for
the assessment year 2020 – 21.

(4 MARKS)

QUESTION : 3

A. X (age : 64 years), a resident individual, furnishes the following particulars relevant

for the assessment year 2020 – 21 :
Profit and Loss Account for the year ending March 31, 2020
Rs. Rs.
Salary to staff 34,000 Gross Profit 16,86,000
General expenses 48,000 Commission & discount 2,17,200
Bad debts written off 15,000 Sundry receipts 43,000
Reserve for losses 2,000 Short – term profit on 31,000
sale of investment
Fire Insurance premium (office 4,200
premises)
Advertisement Rs. 2,400
Add : Outstanding Rs. 1,600 4,000
Interest on X’s 3,500
capital
Interest on bank loan 14,500
Expenditure on acquisition of a 17,000
patent right acquired and put to
use on June 30, 2018
 Lump sum consideration for 60,000
acquiring know – how on March
3, 2019
Depreciation on plant and 28,000
machinery
Provision for outstanding sales 13,000
tax and excise duty

Net profit 17,34,000

19,77,200 19,77,200
Other Information :

1. Advertisement expenditure includes Rs. 3,400, being cost of 2 diaries (cost of each
being Rs. 1,700) presented to customers.

2. Depreciation on plant and machinery according to income – tax provision comes to

Rs. 29,700.

3. Salary to staff includes payment of Rs. 8,000 to a relative which is unreasonable to

the extent of Rs. 3,000.

4. General expenses include (a) expenditure of Rs. 4,800, incurred by X on training of

his employees, (b) commission of Rs. 10,000 for securing a business order, and (c)
compensation of Rs. 6,000 paid to on employee while terminating his service in the
business interest.

5. Out of outstanding sales tax and excise duty, Rs. 3,000 is paid on July 10, 2020 and
Rs. 8,000 is paid on October 3, 2020. The balance is not paid as yet. Due date of filing
return of income is July 31, 2020.

6. Income of X from company deposit is Rs. 12,000 which is not shown in the Profit and
Loss Account.

Determine the taxable income and tax liability of X for the assessment year 2020 –
21, assuming that insurance premium paid by X on the life insurance policy (since
2012) of Mrs. X is Rs. 1,03,200 (sum assured : Rs. 10,00,000).

(8 MARKS)

B. X (60 years) transfers the following assets –

1. Rural agricultural land situated in Tamil Nadu (date of transfer : April 20,
2019, sale consideration : Rs. 20,00,000, purchase consideration : Rs. 18,000,
year of acquisition : 2004 – 05, after purchasing the land is lying vacant and
has not been used for any purpose, although it is agricultural land).

2. Agricultural land within the municipal limits of Delhi (date of transfer : May
10, 2019, sale consideration : Rs. 12,15,000, stamp duty value : Rs. 12,50,000,
year of acquisition : 2005 – 06, indexed cost of acquisition : Rs. 5,70,000,
after purchasing it is used by X for agricultural purposes).

3. Shares in A Ltd. (shares are quoted in Bombay Stock Exchange, transferred to

a friend outside stock exchange on June 1, 2019 for Rs. 42,00,000, cost of
acquisition : Rs. 4,00,000, year of acquisition : 2007 – 08). Fair market value
on January 31, 2019 (as per Bombay Stock Exchange quotation) is Rs.
41,00,000.
X is a businessman. His business turnover is Rs. 1.20 crore and income from business is Rs.
4,08,000. To avail of the benefit of exemption under section 54B, X deposits a sum of Rs.
1,00,000 in capital gain deposit account scheme on September 1, 2020. Another deposit is
made on November 15, 2020 of Rs. 50,000. Find out capital gain and taxable liability on
capital gain for the assessment year 2020 – 21(due date of submission of return of income is
September 30, 2020). Cost Inflation Index number: for 2007-08 = 129, and for 2019 -20 =
289.

(6 MARKS)

QUESTION : 4

A. X, a businessman of Delhi, furnishes the following information relevant for the

assessment year 2020 – 21 :

Rs.
Income from house property (computed) 2,60,000
Business profits (before claiming the following deductions) 2,34,000
Current depreciation allowance 1,08,000
Unabsorbed depreciation allowance of the previous year :
2013 – 14 13,000
1996 – 97 3,500
Unabsorbed business loss of the previous years :
2013 – 14 9,000
1996 – 97 4,000
Current scientific research expenditure 1,06,000
Determine the net income of X for the assessment year 2020 – 21.

(7 MARKS)

B. Ashwin doing manufacture and wholesale trade furnishes you the following
information :
Total turnover for the financial year

Particulars Rs.
2018 – 19 2,05,00,000
2019 – 20 95,00,000
Examine whether tax deduction at source provisions are attracted for the below said
expenses incurred during the financial year 2019 – 20 :

Particulars Rs.
Interest paid to UCO Bank 41,000
Contract payment to Raj (2 contracts of Rs. 12,000 each) 24,000
Shop rent paid (one payee) 1,90,000
Commission paid to Balu 7,000
(4 MARKS)

C. Examine with reasons, whether the following statements are true or false, with
regard to the provisions of the Income – tax Act, 1961 :
(i) The Assessing Officer has the power, inter alia, to allot PAN to any person by
whom no tax is payable.
(ii) Where the karta of a HUF is absent from India, the return of income can be
verified by any male member of the family.
(3 MARKS)
 Question no.5 is compulsory

M.C.Q NO. 1 TO 6 carries 1 mark each

M.C.Q NO. 7 TO 12 carries 2 marks each

QUESTION : 5

Mr. Sarthak (age 37 years) a share broker, sold a building to his friend Anay, who is a dealer in
automobile spare parts, for Rs. 120 lakh on 10.11.2019, when the stamp duty value was Rs.
150 lakh. The agreement was, however, entered into on 1.9.2019 when the stamp duty value
was Rs. 140 lakh. Mr. Sarthak had received a down payment of Rs. 15 lakh by a crossed
cheque from Anay on the date of agreement. Mr. Sarthak purchased the building for Rs. 95
lakh on 10.5.2017. Further, Mr. Sarthak also sold an agricultural land (situated in a village
which has a population of 5,800) for Rs. 60 lakhs to Mr. Vivek on 01.03.2020, which he
acquired on 15.06.2014 for Rs. 45 lakhs. Stamp duty value of agricultural land as on 1.3.2020
is Rs. 75 lakhs
CII for F.Y. 2014-15; 240; F.Y. 2017-18: 272; F.Y. 2019-20: 289.

In the light of the above facts, you are required to answer the following

1. Is there any requirement to deduct tax at source on consideration paid or payable on

transfer of building and agricultural land?
(a) No; no tax is required to be deducted at source on transfer of any capital
asset
(b) Yes; Mr. Anay is required to deduct tax at source under section 194-IA.
(c) Yes; Mr. Vivek is required to deduct tax at source under section 194-IA.
(d) Yes; Mr. Sarthak is required to deduct tax at source under section 194-IA.
2. In respect of transfer of building, capital gains chargeable to tax in the hands of Mr.
Sarthak would be -
(a) long-term capital gains of Rs. 49,06,250
(b) long-term capital gains of Rs. 39,06,250
(c) short-term capital gains of Rs. 45,00,000
(d) short-term capital gains of Rs. 55,00,000
3. Assuming that Mr. Sarthak has other income exceeding basic exemption limit, the tax
payable (excluding surcharge and health and education cess) on transfer of building
and agricultural land, would be -
(a) Rs.7,81,250

(b) Rs.13,97,500

(c) Rs.9,81,250

(d) Rs.10,97,500

4. In respect of purchase of building from Mr. Sarthak, income chargeable to tax in the
hands of Mr. Anay would be –
a. Rs. 20 lakh
b. Rs. 30 lakhs
 c. Rs. 15 lakhs
d. Nil
5. Mr. Shiva made a donation of Rs.50,000 to National Children's Fund and Rs.20,000 to Rajiv
Gandhi Foundation by cheque. He made a cash donation of Rs.10,000 to a public charitable
trust. The deduction allowable to him under section 80G for A.Y.2020-21 is
(a) Rs.80,000

(b) Rs.70,000

(c) Rs.60,000

(d) Rs.35,000

6. Mr. Anuj, a businessman, whose total income (after allowing deduction under chapter VI-A
except under section 80GG) for AY 2020-21 is Rs.5,95,000. He does not own any house
property and is staying in a rented accommodation in Patna for a monthly rent of Rs.9,000.
Deduction allowance under section 80GG for A.Y. 2020-21 is:
(a) Rs.48,500

(b) Rs.1,48,750

(c) Rs.60,000

(d) Rs.1,08,000

7. Mr. Vaibhav sold his old residential house in April, 2018 for Rs.28,00,000. Long- term
capital gain arising on transfer of old house amounted to Rs.8,40,000. In December, 2018
he purchased another residential house worth Rs.5,00,000. The new house was however,
sold in April, 2019 for Rs.14,00,000 (stamp duty value of the new house was Rs.12,00,000).
What will be amount of taxable capital gains in the hands of Mr. Vaibhav for the A.Y. 2019-
20 and 2020-21?

(a) Long term capital gain of Rs.3,40,000 in A.Y. 2019-20 and short-term capital gain of
Rs.14,00,000 in A.Y. 2020-21
(b) Long term capital gain of Rs.3,40,000 in A.Y. 2019-20 and long term capital gain of
Rs.5,00,000 and short-term capital gain of Rs.14,00,000 in A.Y. 2020-21
(c) Long term capital gain of Rs.3,40,000 in A.Y. 2019-20 and long term capital gain of
Rs.5,00,000 and short-term capital gain of Rs.9,00,000 in A.Y. 2020-21
(d) Long term capital gain of Rs.3,40,000 in A.Y. 2019-20 and long term capital gain of
Rs.5,00,000 and short-term capital gain of Rs.7,00,000 in A.Y. 2020-21

8. M/s PQR & Co., a firm carrying on business, furnishes the following particulars for the
P.Y. 2019-20.
Particulars Rs.

Book profits (before setting of unabsorbed 2,70,000

depreciation and brought forward business loss)

Unabsorbed depreciation of P.Y.2013-14 1,20,000

Brought forward business loss of P.Y.2018-19 2,00,000

 Compute the amount of remuneration allowable under section 40(b) from the
book profit.

(a) Rs. 2,43,000

(b) Rs.1,80,000

(c) Rs.1,50,000

(d) Nil

9. Mr. X, a resident, is due to receive Rs.4.50 lakhs on 31.3.2020, towards maturity proceeds
of LIC policy taken on 1.4.2017, for which the sum assured is Rs.4 lakhs and the annual
premium is Rs.1,25,000. Mr. Z, a resident, is due to receive Rs.95,000 on 1.10.2019
towards maturity proceeds of LIC policy taken on 1.10.2013 for which the sum assured is
Rs.90,000 and the annual premium is Rs.10,000.
(a) Tax is required to be deducted on maturity proceeds payable to Mr. X and Mr. Z
(b) Tax is required to be deducted on maturity proceeds payable to Mr. X
(c) Tax is required to be deducted on maturity proceeds payable to Mr. Z
(d) No tax is required to be deducted on maturity proceeds payable to either Mr. X or Mr.
Z

10. M/s Unnati Group, a proprietorship firm following cash system of accounting incurred the
following expenditure during the P.Y. 2019-20:
 Customs duty of A.Y. 2020-21: Rs.75,000 paid on 15.5.2020
 Income tax paid for A.Y. 2019-20: Rs.84,000 paid on 16.6.2019
Calculate the amount of expenditure allowable to Unnati Group while computing its
business income for A.Y. 2020-21.

(a) Rs.1,59,000
(b) Rs.75,000
(c) Nil
(d) Rs.84,000

11. M/S Mohan & Sons paid Rs.35,000 to Mr. Goel on 01.05.2019 towards fee for legal
advisory services without deduction of tax at source. Another payment of Rs.47,000 was
due to Mr. Goel on 31.07.2019 and TDS on entire amount (i.e. Rs.35,000 plus Rs.47,000)
was deducted and then the net amount was paid. However, the total tax deducted was
deposited on 15.11.2019. The interest chargeable under section 201(1A) will be:
(a) Rs.650
(b) Rs.433
(c) Rs.486
(d) Rs.597

12. Mr. Ravi incurred loss of Rs.4 lakh in the P.Y.2019-20 in leather business. Against which
of the following incomes earned during the same year, can he set-off such loss?
(i) Profit of Rs.1 lakh from apparel business
(ii) Long-term capital gains of Rs.2 lakhs on sale of jewellery
(iii) Salary income of Rs.1 lakh
 Choose the correct answer
(a) Only (i)
(b) Only (ii)
(c) Only (iii)
(d) Both (i) and (ii)
PART – II (INDIRECT TAX)

Question no.6 is compulsory and attempt any two of three questions.

QUESTION : 6

Mr. Ekaant, a supplier registered in Delhi, is engaged in the business of sale and purchase of
plastic raincoats. He furnishes the following information pertaining to inward / outward
supply made by him for the month of July, 20XX :

Particulars Amount
(Rs. in lakh)
Value of inter – State outward supply to registered persons 30
Value of intra – State outward supply to registered persons 50
Value of intra – State outward supply to unregistered persons 15
Value of intra – State inward supply from registered persons 10
Value of inter – State inward supply form registered persons 5
Value of intra – State inward supply from unregistered persons 2

Following additional information is also provided by Mr. Ekaant –

Particulars Amount (Rs. in lakh)

IGST credit on capital goods purchased in the month of July 1.5
CGST / SGST credit on other inward supplies [including credit of Rs. 0.5 (CGST and SGST
5,000 (CGST and SGST each) on account of membership of a club] each)
Availed consultancy services from Mr. Sujit, lawyer located in Delhi 1
[intra – State services]
The amount of ITC brought forward in the month of July, 20XX is as under : -

CGST : Rs. 2 lakh

SGST : Rs. 2 lakh

IGST : Rs. 5 lakh

Calculate the net GST liability (CGST and SGST or IGST, as the case may be) to be paid in cash
for the month of July, 20XX by assuming the rates of GST as under :

CGST 9%
SGST 9%
IGST 18%
Note :

(i) All the amounts given above are exclusive of taxes.

(ii) All the conditions necessary for availing the ITC have been fulfilled.

(8 MARKS)
QUESTION : 7

A. Kamal Book Depot, a wholesaler of stationery items, registered in Mumbai, has

received order for supply of stationery items worth Rs. 2,00,000/- on 12th November,
20XX from another local registered dealer, Mr. Mehta, Mumbai. Kamal Book Depot
charged the following additional expenses from Mr. Mehta :

Particulars Amount (Rs.)

Packing charges 5,000
Freight & Cartage 2,000
Transit insurance 1,500
Extra designing charges 6,000
Taxes by Municipal Authority 500
th
The goods were delivered to Mr. Mehta on 14 November, 20XX. Since Mr. Mehta was
satisfied with the quality of the goods, he made the payment of goods the same day and
simultaneously placed another order on Kamal Book Depot of stationery items
amounting to Rs. 10,00,000 to be delivered in the month of December, 20XX**. On
receipt of second order, Kamal Book Depot allowed a discount of Rs. 20,000 on the first
order placed by Mr. Mehta.
Compute the GST liability of Kamal Book Depot for the month of November, 20XX
assuming the rates of GST on the goods supplied as under :
CGST 9%
SGST 9%
Would your answer be different if expenses (i) to (v) given in above table are already
included in the price of Rs. 2,00,000 ?

Note :
(i) All the amounts given above are exclusive of GST.
(ii) Kamal Book Depot and Mr. Mehta are not related persons and price is the sole
consideration of the supply.
**Payment and invoice for the second order will also be made in the month of
December, 20XX only.
(6 MARKS)

B. If a return has been filed, how can it be revised if some changes are required to be
made? (4 MARKS)

QUESTION : 8

A. Discuss whether the following services are chargeable to GST -

1. Transport of passengers by auto – rickshaw/e – rickshaw.

2. Indian Railways Finance Corporation gives wagons / coaches on lease to Indian

Railways. Lease rent is Rs. 47 lakh per month.

3. X is a senior advocate in the Bombay High Court. He provides legal service to a firm
to advocates (legal charges being Rs. 35 lakh).

(3 MARKS)

B. Discuss whether payment of GST under Composition Scheme is possible in the cases
given below –
 1. X is a painter. A Trade Fair is organised by Maharashtra Government in Mumbai from
December 20, 2018 to December 28, 2018.X wants to display and sell his painting in
the Mumbai Trade Fair. He has not sold any of his painting earlier. His turnover in
Trade Fair is not likely to be more than Rs. 40 lakh. He wants to opt for Composition
Scheme.

2. Y imports home appliances from Singapore. These appliances are sold in his store in
Krishna Market, Jodhpur. As his annual turnover is not more than Rs. 40 lakh, he
wants to opt for Composition Scheme with effect from January 10, 2019.

(4 MARKS)

C.

Investigation shows that ABC & Co carried out service of cleaning and repairs of
tanks in an apartment complex, for which the Apartment Owners’ Association
showed a payment in cash on 4th April to them against work of this description.
The dates of the work are not clear from the records of ABC & Co. ABC & Co have
not issued invoice or entered the payment in their books of account. Determine
time of supply.
(3 MARKS)

QUESTION: 9

A. Is it necessary for the UN bodies to get registration under GST ? (5 MARKS)

B. X provides computer maintenance service since 2002 in Odisha. During the month
ending March 31, 2019, he provides computer maintenance service in Puri to A Ltd.
X receives Rs. 25,000 from A Ltd. and Rs. 16,40,000 from holding company of A Ltd. A
Ltd. is of the view that only Rs. 25,000 is chargeable to tax (GST on Rs. 25,000 at the
rate of 18 per cent will be paid by A Ltd.) Find out GST liability on this case on the
assumption that any additional liability will be borne by X (and not by A Ltd. or its
holding company).
(5 MARKS)

Question no.10 is compulsory

M.C.Q NO. 1 TO 8 carries 1 mark each

M.C.Q NO. 9 TO 10 carries 2 marks each

QUESTION: 10

Mr. Mandeep, a registered dealer, is doing building material business in the State of Assam.
He availed architect services for his business from his friend in London free of cost. He also
availed designing services from his brother in London for Rs. 5 Lakhs for his personal
purposes.
He availed services which are liable to tax under reverse charge for which date of invoice was
01.09.20XX, payment date as per his books of account and as per his bank account was
15.11.20XX and 18.11.20XX respectively.

His turnover for the current financial year is as follows:

Taxable supply of goods – Rs. 55 Lakhs Exempt supply of goods – Rs. 16 Lakhs

Inward supply liable to tax under reverse charge – Rs. 8 Lakh

He intends to start providing services also from the next financial year and also to avail
composition scheme. He also wishes to make supplies to the Government.

Based on the information given above, choose the most appropriate answer for the following
questions:-

1. In respect of services imported by Mr. Mandeep, which of the following is a correct

statement?
i. Architect services for his business from his friend in London free of cost is
considered as a supply
ii. Designing services from his brother in London for Rs. 5 Lakh for his personal
purposes is considered as a supply.
iii. Architect services for his business from his friend in London free of cost is
not considered as a supply
iv. Designing services from his brother in London for Rs. 5 Lakh for his personal
purposes is not considered as a supply.
(a) i & ii

(b) i & iv
(c) ii & iii
(d) iii & iv
2. The time of supply of services, received by him and taxable under reverse charge, is
(a) 01.09.20XX

(b) 01.11.20XX

(c) 15.11.20XX

(d) 18.11.20XX

3. Aggregate turnover of Mr. Mandeep for the given financial year will be,
(a) Rs. 63 Lakhs
(b) Rs. 79 Lakhs
(c) Rs. 71 Lakhs
(d) Rs. 47 Lakhs
4. Mr. Mandeep will be eligible for composition scheme in the next financial year, but
he can supply services only upto:
(a) Rs. 5.00 Lakhs
(b) Rs. 6.3 Lakhs
(c) Rs. 7.90 Lakhs
(d) Rs. 7.10 Lakhs
5. In case he supplies services to State Government by way of any activity in relation to
any function entrusted to a Municipality under Article 243W of the Constitution, in the
next financial year, which of the following will be exempt?
i. Pure Services
ii. Composite supply of goods and services in which value of supply of goods
constitutes not more than 25% of value of said composite supply
 iii. Composite supply of goods and services in which value of supply of service
constitutes not more than 25% of value of said composite supply
(a) i & iii
(b) ii & iii
(c) i, ii & iii
(d) i & ii

6. Which of the following is a recognised system of medicine for the purpose of

exemption for health care services?

(a) Allopathy
(b) Unani
(c) Siddha
(d) All of the above

7. Alcoholic liquor for human consumption is subjected to

(a) State excise duty
(b) Central Sales Tax/Value Added Tax
(c) Both (a) and (b)
(d) GST

8. Which of the following shall be discharged first, while discharging liability of a

taxable person?
(a) All dues related to previous tax period
(b) All dues related to current tax period
(c) Demand raised under section 73 and 74
(d) No such condition is mandatory.

9. How the aggregate turnover is calculated for computing threshold limit of

registration?
(i) Aggregate value of all taxable supplies(excluding the value of inward supplies
on which tax is payable by a person on reverse charge basis), exempt supplies,
export of goods/services and interstate supplies of a person having same PAN
computed on all India basis.

(ii) Aggregate value of all taxable supplies(excluding the value of inward supplies
on which tax is payable by a person on reverse charge basis), exempt supplies,
export of goods/services and interstate supplies of a person computed for
each state separately.

(iii) Aggregate value of all taxable intrastate supplies, export of goods/services

and exempt supplies of a person having same PAN computed for each state
separately.

(iv) Aggregate value of all taxable supplies(excluding the value of inward supplies
on which tax is payable by a person on reverse charge basis), exempt supplies,
export of goods/services and interstate supplies of a person having same PAN
computed on all India basis and excluding taxes if any charged under CGST Act,
SGST Act and IGST Act.
 (a) (i)
(b) (ii)
(c) (iii)
(d) (iv)

10. Warehousing of is exempt from GST.

1. Rice.
2. Minor forest produce
3. Jaggery
4. Whole gram
a) 1), 2) and 4)
b) 1) and 3)

c) 2), 3) and 4)

d) 3)