M/s. Maahi & Co., a LLP registered dealer under GST, is engaged in various types of business activities. It provided GTA services to Government…

M/s. Maahi & Co., a LLP registered dealer under GST, is engaged in various types of business activities. It provided GTA services to Government Department, registered under GST for providing various services. Maahi & Co. did not exercise the option to pay GST. The firm provided services of Direct Selling Agency (DSA Services) to a Banking Company located in Mumbai. The firm provided free gift to each of its employees valuing - 50,000 once in a financial year. M/s Maahi & Co let out its warehouse to Mr. Shankar, who in turn let out to an agriculturist for warehousing of agricultural produce. The firm also undertakes catering service to “Vishwas” Anganwadi. The said Anganwadi has received fundings from Government. The firm purchased following goods during the month of July:- (a) Capital goods amounting to 45,000 purchased on which depreciation has been taken on full value including GST paid thereon. (b) Raw materials purchased amounting to 55,000 for which invoice is missing but delivery challan is available. Further, for the month of July, the GST liability of the firm was - 20,000 IGST; ₹ 10,000 CGST; ₹ 10,000 SGST. The following credits were available in the said month- IGST:8,000 CGST:12,000 SGST:5,000 All the amounts given above are exclusive of taxes, wherever applicable. All the supply referred above is intra-State unless specified otherwise. Conditions for availing ITC are fulfilled subject to the information given above. Based on the information provided above, choose the most appropriate answer for the following questions-