Himgiri Solutions Private Limited (hereinafter referred to as 'Himgiri Solutions') is engaged in providing multidimensional services to its clients…

Himgiri Solutions Private Limited (hereinafter referred to as 'Himgiri Solutions') is engaged in providing multidimensional services to its clients through its office in Haryana, registered under GST. During the month of July, the following transactions were undertaken by Himgiri Solutions: (i) Import of certain cloud services from Easecart.com for an amount of 51,00,000. (ii) Himgiri Solutions pays sitting fee of 25,000 each to its 4 directors per month. Further, there are two directors who are in the executive roles and are withdrawing - 2,00,000 each per month as salary from the company and the applicable TDS amount, under section 192 of the Income-tax Act, 1961, is deducted from such salary. (iii) Himgiri Solutions paid for life insurance of its employees in compliance of its internal policy. The total amount of premium paid for 20 employees was - 5,00,000. (iv) Himgiri Solutions provided consultancy services to its client, Zoom Corp. based in Bangalore and issued an invoice of 30,00,000. (v) Empowering India is a Non-Government Organisation located in Haryana. It aims at empowering the eligible companies to grow their business in India. Himgiri Solutions, being one of the eligible companies, received a subsidy of 5,00,000 in lumpsum from Empowering India for the month of July. (vi) Himgiri Solutions provided sponsorship services to Mr. X, an individual, for an event organised by it in the State of Haryana. The amount agreed for such sponsorship services is 5,00,000. All the amounts given above are exclusive of GST unless otherwise provided. There is no other outward or inward supply transaction apart from aforesaid transactions in the month of July. The opening balance of input tax credit for the relevant tax period for the company is nil. Subject to the information given above, assume that all the other conditions necessary for availing ITC have been fulfilled. GST is applicable on all inward and outward supplies in the aforesaid case scenario @ 18%, unless otherwise specified. Ignore CGST, SGST and IGST bifurcation for the sake of simplicity. Based on the facts of the case scenario given above, choose the most appropriate answer to Q. Nos 6 to 10 below, carrying 2 marks each: