SECTION B: INDIRECT TAXES 1. Section B comprises of questions from 5-8. In Section B, answer question no. 5 which is compulsory and any two questions from question nos. 6-8. 2. Working notes should form part of the answer. 3. All questions in Section B should be answered on the basis of position of GST law as amended by the Finance Act, 2022 as well as significant notifications/ circulars issued upto 30th April, 2023. Question 5 Miss Nitya, proprietor of M/s. Honest Enterprise, a registered supplier of taxable goods and services in the state of West Bengal, pays GST under regular scheme. It is not eligible for any threshold exemption. It provided the following information for the month of December 2022: S. No.ParticularsAmount (₹) OUTWARD SUPPLY: i.Intra-state supply of goods to M/s. Natural & Sons7,00,000 ii.Intra-state transfer of goods to its branch office in the state of West Bengal. Both places are under the same GSTIN.1,00,000 iii.Provided inter-state supply of sponsorship services to XYZ Ltd of Chennai80,000 iv.Advance received for future supply of management consultancy service to Mr. Sharad (Intra-state supply)40,000 INWARD SUPPLY: (Intra-state) i.Purchase of taxable goods from registered suppliers.8,00,000 ii.Availed Works Contract service for repair of office building. Amount of repair was debited in the profit & loss account.30,000 iii.Availed legal service form an advocate to represent the matter in the Court relating to collection of disputed proceed from customers.50,000 **Notes:** (i) Rate of CGST, SGST and IGST on all supplies are as below: ParticularsCGSTSGSTIGST Goods2.5%2.5%5% Supply of services9%9%18% (ii) Both inward and outward supplies given above are exclusive of taxes. (iii) All the conditions necessary for availing the ITC have been fulfilled. (iv) Working note should form part of the answer. Compute the net minimum GST payable in cash by M/s. Honest Enterprise for the month of December 2022.