Smita Limited made an outward supply of garments at an agreed price of 5,00,000. The company charged 'Go Green Cess' levied by Local municipal…
CA Intermediate · Taxation · PYQS · September 2024
Smita Limited made an outward supply of garments at an agreed price of 5,00,000. The company charged 'Go Green Cess' levied by Local municipal corporation amounting to 10,000 for this supply. As the customer made payment within 3 days from the date of delivery, Smita Limited provide a discount of 5,000 separately as a customer friendly measure, even though no prior agreement was made on discount. Value of Supply made by Smita Limited u/s 15 is ₹ _
Suggested Answer and Working Notes:
Correct Answer: Option (B)
₹ 5,10,000
Topics: Paper 3B: Goods and Services Tax
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