Question

1.
Activities :
*Chitra furnishings' purchased tapestry (curtain cloth) for * 28,00,000
and sold it for 44.80.000. Rate of GST is 5%.
Find i) ITC ii) Output Tax iii) CGST, SGST.
Value of purchase tapestry
GST @ 5% on purchase value =
100
i. : ITC
Sale value of tapestry =
GST @ 5% on sale value
100
ii. Output tax
GST payable
Output tax
ITC
=
224000
ii. Total GST
140000 +
: CGST = SGST
2
Ildaat
14​

Answer 1

Answer:

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