CA Final IDT(Old) May 2019

Page no : 3

Ankit Goyal (student) (34 Points)
Replied 12 June 2019

what was the answer of FTP MCQ

1 Like

Sagar Chaudhary (25 Points)
Replied 12 June 2019

mcq he pass karaege isme to bas 😅😅

1 Like

SANKALP AGRAWAL (359 Points)
Replied 12 June 2019

39,00,000

Rahulsingh Panwar (CA) (76 Points)
Replied 12 June 2019

its 28000

1 Like

Nirav Jariwala (Senior Auditor (As Article)) (36 Points)
Replied 12 June 2019

as far as i remember, in composition MCQ, it was asked about CGST and Not GST.

Rohan Bagra (406 Points)
Replied 12 June 2019

it was written (CGST+SGST) in the question

Ankit Goyal (student) (34 Points)
Replied 12 June 2019

Thnk u sankalp

SANKALP AGRAWAL (359 Points)
Replied 12 June 2019

Your Welcome :)

Abhishek Patil (2 Points)
Replied 12 June 2019

Its 28000. For 'manufacturers' its 1% of the total turnover including exempt,export,non taxable Turnover. So 1% of Rs.28lakh is to be taken. Only incase registered person was 'retailer etc' then you can exclude non-taxable turnover.

G Srikanth (Internal Auditor) (34 Points)
Replied 12 June 2019

Question paper setter played around giving the term "inclusive of tax/exclusive of tax" in many questions .... Need to be alert while solving sums

Kush Shah (Student CA Final ) (76 Points)
Replied 14 June 2019

I thought including the non taxable turnover was to only identify if the person is eligible for composition scheme. But for calculating the tax I have calculated gst on the taxable amount only.