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Income Tax Law

Quick practice

Question 1 of 5

Which of the following is included while computing the value of supply of goods under GST?

(a) Tax levied by Municipal Authority on sale of the goods

(b) Interest or late fee for delayed payment of any consideration for supply

(c) Price of the goods

(d) Freight shown separately in invoice.

(e) All of the above

A

Only (c)

B

Only (b)

C

(a), (c) & (d)

D

(a), (b), (c) and (d)

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