idt paper

GST questions were straightforward.

idt paper  is awesome. ans 7(A)- procurer of of molasses as rule 4 of CER,2002, 7(b)-TESTING SEVICE COVERED IN RULE4 BUT RULE 7 OF POPS2012  OVERRIDES RULE 4-HENCE POP IN INDIA( TAMIL NADU), 7 (c)-rule 7 of pot 2011 rcm pot date-1/04/2016 & due date of patment of stax-5/05/2016 , 7(D)- for meis value is restricted upto 25000/- .

ans2 (A)(i)-as per rule 10a  if job worker( anc ltd manufacture only intermediate goods then suvaidha ltd is liable to pay EDUTY AND A.V. per unit -rs 1235 p.u & (ii)  when job worker make final product then job worker is liable to pay duty as per rule 10a but price is taken which is prevailing on a factory gate of suvidha ltd so AV P.U. 1200/-, ANS 2 (C)EXPORT DUTY =50000DOLLARS*65*10%+ EDU.CESS, ANS 2(B) FARM PRACTICE TRAINING - NEGATIVE LIST, TEXTORA  FIRST TIME TAXED IS LIABLE TO SERVICE TAX ASPER RULE 5 OF POT2011, AT TO AT - EXEMPT  E/N 25/2012, RESERACH METHODOLOGY TRAINING - SPECFICALLY EXCLIDED FROM MEGA EXEMPTION HENCE TAXABLE, ELIC SPORT LTD- TAXABLE-CLASSICAL DANCE UPTO RS150000 PER PERFORMANCE EXEMPT, CONSTRUCTION SERVICES ABATEMENT 70%, NETHAVATHI - TAXABLE 1%* INR8000000 i.e.80000.