M/s. Sahni & Co., a partnership firm imported the following services during February, 2025: (i) Architect services from Mr. Vipul, a partner of…

CA Intermediate · Taxation · MTP · May 2025
M/s. Sahni & Co., a partnership firm imported the following services during February, 2025: (i) Architect services from Mr. Vipul, a partner of the firm, who resides in France for 1,00,000. The said service was paid but not used for the furtherance of the business. (ii) Management consultancy services from Mr. Kishore, a renowned lawyer in Sydney, who was an ex-employee of the firm. The value of the said service was - 3,00,000. Even though it was used in the furtherance of the business, no consideration was paid by the firm. Compute the amount of import of services by Sahni & Co. that will be treated as supply.
(A) Nil
(B) ₹ 1,00,000
(C) ₹ 3,00,000
(D) ₹ 4,00,000

Suggested Answer and Working Notes:

Correct Answer: Option (B)

₹ 1,00,000

Topics: Paper 3B: Goods and Services Tax

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