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(v ) Price of the goods 1,00,000 (ii) Municipal Tax 2,000 (iii) Inspection charges 15,000 (iv) Subsidies received from Shri Ram Trust 50,000 (As the
(v ) Price of the goods 1,00,000 (ii) Municipal Tax 2,000 (iii) Inspection charges 15,000 (iv) Subsidies received from Shri Ram Trust 50,000 (As the products is going to be used by blind association) Late fees for delayed payment. (Though Shri 1,000 Balaram Pvt. Ltd. made late payment but these charges are waived by Shri Krishna Pvt. Ltd.) Shri Balaram Pvt. Ltd. paid to Radhe Pvt. Ltd. (on 2,000 behalf of Shri Krishna Pvt.Ltd) weighment charges. According to GST Law, determine the value of taxable supply made by Shri Krishna Pvt. Ltd. Items given in Point (ii) to (vi) are not considered while arriving at the price of the goods given in point no. |(i). (vi)
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