On 15th October 2025, Jai Laxmi Exim Limited was served with a demand order by the Revisional Authority (RA) of GST for demand of tax (IGST) 1400…

CA Final · Indirect Tax Laws · PYQS · May 2026
On 15th October 2025, Jai Laxmi Exim Limited was served with a demand order by the Revisional Authority (RA) of GST for demand of tax (IGST) 1400 crore, interest of 100 crore and penalty of 120 crore. Company admitted tax of 200 crore, interest of 20 crore and penalty of 10 crore. No appeal filed with regard to this matter earlier against Appealed Authority (AA) and company wants to file appeal directly to GST Appellate Tribunal. Total amount (as tax+ interest and penalty, if any) to be deposited by the appellant before filing appeal to GST Appellate Tribunal is :
(A) Nil
(B) 270 crore
(C) 369 crore
(D) 350 crore

Suggested Answer and Working Notes:

Correct Answer: Option (B)

270 crore

Topics: Place of Supply, Appeals and Revision

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