Mr. Vyansh started interior designing practice from the month of January. His turnover up to the month of March was - 12,50,000. On 30th June, his…

Mr. Vyansh started interior designing practice from the month of January. His turnover up to the month of March was - 12,50,000. On 30th June, his turnover exceeded - 20,00,000 & reached to 20,05,000. Mr. Vyansh applied for GST registration (as regular taxpayer) on 15th July and registration certificate was issued to him on 25th July. On 16th July, he entered into a contract for designing the flat of Mr. Yuvan. The service was completed on 22nd July and Mr. Vyansh issued invoice on the same day for 6,00,000. On 5th July, Mr. Vyansh purchased capital goods amounting to 4,50,000 and from 25th July to 31st July, he availed input services amounting to 1,75,000 in relation to an output service to be provided in the month of August. On 1st August, Mr. Vyansh got another contract for interior designing from Mr. Vedant, which he accepted on 2nd August. The service was completed on 6th August and invoice was issued on 7th August for 5,00,000. Payment was received on 29th August. All values are excluding taxes, unless specifically mentioned. Mr. Vyansh makes only intra-State outward supplies and all purchases are also intra-State. Rates of tax are CGST - 9% and SGST - 9%. Based on the facts of the case scenario given above, choose the most appropriate answer to Q. Nos. 1 to 5 below: