3. : (1) - 35,00,000 (2) - 5% (3) ( ) 42,00,000 ( 5% ) (4) - () 84,000 () 30,000 (5) 3,60,000 ( ) ? 1% Abhay Traders is a retail supplier of tea leaves presents the following expected information for the year : (1) Cost of Input Purchase Rs. 35,00,000. . (2) Input Tax @5% on Purchase. (3) Value of goods supplied (inclusive of all taxes) Rs. 42,00,000 (GST on taxable supply @ 5%). (4) Expenses of keeping detailed accounting records required under GST Laws will be Rs. 84,000 per annum, which shall get reduced to Rs. 30,000 if Composition Scheme is opted for. (5) Other expenses are Rs. 3,60,000 per annum (in each position). Give proper advice to supplier for choosing composition option. In case of composition option, 1% composition tax charged on total turnover