Rapidmove Logistics Pvt. Ltd. (hereinafter referred as RLPL), a registered company based in Pune, Maharashtra, is engaged in providing logistics and…

Rapidmove Logistics Pvt. Ltd. (hereinafter referred as RLPL), a registered company based in Pune, Maharashtra, is engaged in providing logistics and warehousing services, including transport of goods by road, cold storage warehousing for perishables, and consultancy services. It also deals in activities like storage of agricultural produce. During the quarter April to June of current year, the company undertook following transactions: (i) Logistics services provided to M/s Hanuman Enterprises, registered in Amravati, Maharashtra for 28,00,000 and to M/s Shiv Industries, registered in Gwalior, Madhya Pradesh for 22,00,000. (ii) Services by way of warehousing of vegetables provided to M/s Safal Farms registered in Solapur, Maharashtra and M/s Fresh Veggies registered in Vapi, Gujarat for 8,00,000 and - 4,00,000 respectively (iii) Sale of land to Mr. Amit in Pune for 1,20,00,000, excluding stamp duty of 2,50,000 (stamp duty is charged at 2%). (iv) It also received consultancy services from Mr. Shreyas, an architect in the month of March of the previous financial year, for 80,000 (exclusive of GST @18%), but input tax credit (ITC) was not availed until now. The related invoice was dated 20th March of previous financial year. (v) Supplied goods to its newly opened warehouse in Bengaluru Unit valued at 6,00,000 (exclusive of GST @18%). The company has paid the GST but, Bengaluru unit did not make payment against this invoice within 180 days. (vi) In addition to the aforesaid transactions, RLPL spent an amount of 5,00,000 on the procurement of certain goods which were distributed as part of the corporate social responsibility [CSR] expenditure required under the provisions of the Companies Act, 2013. During the same quarter, it also received a subsidy of 40,000 from an environmental NGO for adopting green refrigeration technology and using the Electric Vehicles for logistics. This subsidy was linked to a performance metric (carbon reduction), not to the price of services. The company has been compliant in filing periodic returns and statements on time during the year and has filed the annual return for preceding financial year on 15th October, of current financial year. Multiple choice Questions