Chart 4 - Charge Of GST

Question 1

Section 9

Answer 1

9(1) - Normal levy
9(2) - HPMAN
9(3) - RCM on notified services
9(4) - URP <-> RP
9(5) - ECO

Question 2

Section 5

Answer 2

5(1) - Intra -> Inter
20% -> 40%

5(2) - HPMAN

5(3) - Additional services

5(4) - URP <-> RP

5(5) - ECO

Question 3

CGST shall be levied on

Answer 3

Intra state supplies of goods/ services/ both except for Alcoholic liquor for human consumption

On the value determined u/s 15

maximum rate @20%

As may be notified goods/ recommended by council

Collected in manner prescribed

Paid by taxable person

Question 4

RCM DIAGRAMS

Answer 4

D -
Director
Direct selling agent
Development rights

I -
Insurance agent
Immovable property

A -
Arbitual tribunal
Advocate
Agent of BC/ BF

G -
GTA
Govt.

R -
Renting of motor vehicle
Recovery agent
Renting of residential house

A -
Author
Artist (photograher)

M -
Music composer
Members of overseeing committee

S -
Sponsorship
Security services
Securities lending