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Question 5: Candy Blue Ltd., Mumbai a registered supplier, is manufacturing Chocolates and Biscuits. It provides the following details of taxable inter-state supply made by

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Question 5: Candy Blue Ltd., Mumbai a registered supplier, is manufacturing Chocolates and Biscuits. It provides the following details of taxable inter-state supply made by it for the month of October 2020: Particulars 12,40,000 1,20,000 Amount in () List price of goods supplied inter-state Item already adjusted in the rice given In (i) above: (1) Subsidy from central Government for supply of Biscuits to Government School. (2) Subsidy from Trade Association for supply of quality Biscuits. Items not adjusted in the price given in (i) above: (3) Tax levied by Municipal Authority (4) Packing Charges (5) Late fee paid by the recipient of supply for delayed Payment of invoice 30,000 24,000 12,000 5,000 Calculate the Value of taxable supply made by M/s. Candy Blue Ltd. for the month of October 2019. ONNONDOWOW

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