M/s Far Sites (FS), a proprietorship firm registered under GST in Chandigarh and deals in supply of variety of goods including electronic goods and…

M/s Far Sites (FS), a proprietorship firm registered under GST in Chandigarh and deals in supply of variety of goods including electronic goods and repair & maintenance thereof. FS furnishes following information for the month of December 2024: Outward supplies during the month of December 2024 are as under: Supply of goods to unregistered persons in Chandigarh (Out of the aforesaid supply, goods worth - 1,00,000 were not liable to GST. However, FS inadvertently charged GST on such goods and collected the same from the customers). 10,00,000 Supply of goods to registered suppliers located in Punjab 20,00,000 Repair & maintenance services provided to unregistered persons located in Haryana 5,00,000 Inward supplies during the month of December 2024 are as under : Purchase of TV sets from registered suppliers. During unloading of said TV sets, five LED TVs and two QLED TVs valued to 2,00,000 got completely damaged, but the supplier refused to replace the same. 20,00,000 Purchase of washing machine from unregistered suppliers (Intra-State supply) 5,00,000 Transportation charges paid to Sri Logistics (unregistered GTA) 1,00,000 Further, the following information is also provided related to December 2024 : (1) FS received security services from M/s LML Limited Chandigarh amounting to 50,000. M/s LML Limited is an unregistered supplier. (2) Rent of Shop paid to Municipal Corporation of Chandigarh -50,000 (3) Legal fee of 10,000 paid to Mr. Prakash, a Senior Advocate of Punjab and Haryana High Court for providing legal advice. (4) FS issued vouchers worth - 2,00,000 to its customers, which were eligible to be redeemed against identified goods. Also, certain customers were issued vouchers worth - 5,00,000 and the same can be redeemed against any supply of goods till March 2025. (5) FS procured old and used goods worth - 5,00,000 on which GST is payable on reverse charge basis. The goods were received on 25 th December, 2024. The supplier issued the invoice on 24 th December, 2024 and payment for the same was debited from the bank account of FS on 31 st December, 2024. Due to the leave of accountant, the transaction was recorded in the books of accounts on 1 st January, 2025. (6) FS received long term lease of an industrial plot from Chandigarh Housing Board (CHB) in auction against payment of an upfront amount as lease premium amounting to 20 lacs for a period of 50 years. The company paid prime location charges of 5lacs in addition to the said premium. (7) FS belatedly filed its GSTR-3B for the month of November 2024, by 9 days. Net tax liability for the month of November 2024 was - 3,80,000. Applicable rate of GST on all supplies was 18% except for transportation charges for which the applicable GST rate is 5%. Ignore bifurcation of CGST, SGST and IGST. There is no opening ITC available for the relevant tax period in the electronic credit ledger of FS. Note: All the above amounts are exclusive of GST, except wherever explicitly stated. Based on the facts of the case scenario given above, choose the correct answer to Question Nos. 4 to 9 below: