Page 8 - Ch15_Computation of GST

in respect of such invoices in the current month.
c) The rates of GST applicable on various supplies are as follows:

Nature of Supply CGST SGST IGST
Air-Conditioner, Parts and accessories (Except Stabilizers) 6% 6% 12%
Services 9% 9% 18%
Stabilizers 9% 9% 18%

Freight 6% 6% 12%
Calculate the amount of minimum CGST, SGST & IGST tax payable in cash by Jino Enterprises for the
month of October, 20YY.
Note: Working Notes (legal provisions) should form part of your answer.

[CA Inter May 23 Exam] [CA IPC July 21 Exam (Similar)]
Answer :-
Computation of minimum CGST, SGST and IGST payable in cash by Jino Enterprises for the month of
October, 20YY:

Particulars Value IGST (`) CGST (`) SGST (`)
Intra-State supply of air-conditioners [Note 1] 5,00,000 - 30,000 30,000
(4,00,000 (5,00,000 (5,00,000
+1,00,000) *6%) *6%)

Intra-State supply of repairing services [Note 2] 3,00,000 - 27,000 27,000
(3,00,000 (3,00,000
*9%) *9%)
Intra-State supply of parts / spares [Note 2] 50,000 - 3,000 3,000
(50,000 (50,000

*6%) *6%)
Inter-State supply of 10 combos of air- conditioners 2,00,000 36,000 - -
and stabilizers [Note 3] (20,000*10) (2,00,000

*18%)
Total Output Tax 36,000 60,000 60,000
Less: ITC (Working Note) [Note 4]
IGST: 80,000 (36,000) (22,000) (22,000)
CGST: 21,000 - (21,000) X

SGST: 21,000 - X (21,000)
Minimum net GST payable in cash Nil 17,000 17,000

Working Note:-
Computation of ITC available:
Particulars IGST (`) CGST (`) SGST (`)
Purchase of business class air tickets for travel from Assam [Note 5] - 1,000 1,000
(40,000 (40,000

*2.5%) *2.5%)
Invoices relating to FY 20XX-YY [Note 6] 80,000 20,000 20,000
Total ITC available 80,000 21,000 21,000

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