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: Determine the GST liability on the following - (ii) Admission fee collected from IPL match: Cost of ticket 200. No of ticket sold 10,000
: Determine the GST liability on the following - (ii) Admission fee collected from IPL match: Cost of ticket 200. No of ticket sold 10,000 Cost of ticket 32,000. No of ticker sold 5000 Incubator service provided: () to a recognised 6.5incubate in the field of bio-technology. Service fee 5,00,000 to a person not an 6.5incubate in field of science and technology. Service fee 32,00,000 (A)Admission fee collected by Science city, Kolkata. Entry fee 350 per person. Total no. Of admission 5000 (B) Admission fee collected by Nicco Park, Kolkata. Entry fee $200 per person. Total no. Of admission 2000. Assuming rate of GST is 28%
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