Question

9) M/s. Jay Chemicals purchased Dry
Fruits for Rs. 9,000/- (with GST) and
sold it to the consumers for Rs.
12,000/- (with GST) Rate of GST is
12%. Find the amount of CSGT and
SGST to be paid by Jay Chemicals.
*​

Answer 1

Answer:

We have,

GST=12%

Taxable value =Rs.8000

Consumer for the taxable value=Rs.10,000

CGST=?

SGST=?

We know that,

Payment = Consumer taxable value-Taxable value

Payment=10000−8000

=2000

Now,

18% GST of Rs.2000

So,

2000×

100

18

=Rs.360

So,

CGST=SGST=

2

360

CGST=SGST=Rs.180

Hence, this is the answer.