Mr. Samrat, proprietor of M/s Corporate-Linc Enterprises, is engaged in trading of office stationery items in its stationery store located at Salt…

Mr. Samrat, proprietor of M/s Corporate-Linc Enterprises, is engaged in trading of office stationery items in its stationery store located at Salt Lake City, Kolkata. The said store is taken on lease from Kolkata Municipal Corporation (KMC). During the previous financial year, the turnover of M/s Corporate-Linc Enterprises was 14 lakh. Mr. Samrat supplies goods within the State of West Bengal only, but purchases stationery items mostly from Delhi & Mumbai. He owns a duplex house in New Town, Kolkata. He stays on the ground floor & has let out the first floor to an employee of IDICI Bank, registered in Delhi, for residential purposes. The rent for the same is paid by IDICI Bank to Mr. Samrat. During the financial year 2024-25, he applied for GST registration on voluntary basis on 2nd April, 2024 and the registration was granted to him w.e.f. 9th April, 2024. The details of his stock position during current financial year is as under: Particulars 2 nd April, 2024 8 th April, 2024 Corporate stationery items purchased from a registered dealer 1 lakh 1 lakh Books, periodicals, journals, newspaper, maps etc. 0.20 lakh 0.30 lakh The details of transactions carried out by Mr. Samrat during the current financial year is furnished hereunder: Particulars 1 st April, 2024 to 8th April, 2024 (in lakh) 9 th April, 2024 to 31st March, 2025 (in lakh) Sale of office stationery items (Intra-State supply to registered persons) 3 84 Sale of office stationery items (Intra-State supply to unregistered persons) 2 14 Legal fees paid to advocate in Kolkata - 0.10 Purchase of stationery items (Intra-State supply received from registered person) 3 74 Purchase of furniture for use in own office (from an unregistered dealer of Kolkata) - 1 Purchase of stationery items from a registered dealer of Delhi 1 18 Lease rent of the stationery store paid to Kolkata Municipal Corporation (KMC) - 1.20 Transportation charges paid to M/s Gati Transporters, a GTA in Kolkata, who has not exercised the option to pay tax itself (tax is payable @ 5%) 0.10 1.50 Interest paid on borrowings from BBI Bank, Kolkata 0.20 1.80 Accrued interest on Fixed deposit with BBI Bank, Kolkata - 0.16 Rent received from IDICI Bank for its employee - 2.40 Mr. Samrat went to Mumbai, Maharashtra for a business meeting in February, 2025 and stayed in Hotel Blue Pines for a week. Hotel charged - 1,00,000 (taxable value) for the stay. All the amounts given above are exclusive of GST, wherever applicable, unless otherwise provided. Assume that there is no other outward or inward supply transaction apart from aforesaid transactions in the current financial year. GST is applicable on all inward and outward supplies, except on services of transportation of goods, at the following rates: Intra-State supply – 6% CGST and 6% SGSTInter-State supply – 12% IGST Based on the facts of the case scenario given above, choose the most appropriate answer to Q. Nos. 1 to 5 below, carrying 2 marks each: