a dealer has given 10% discount on or show piece of rupees 25000 GST of 28% was charged on the discount price find the total amount showing the tax invoice what is the total amount of cgst and sgst
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Answered by
19
Here is your answer
Showpiece price = Rs 25,000
GST = 28%
Discount = 10%
Discount = 10% of 25000
Now sale price is = 25000 - 2500
= Rs 22500
GST Charged = 28% of 22500
So Sale price included GST = 22500 + 6300
= Rs 28800
CGST IS 14% = Rs 6300/2 = Rs 3150
SGST IS 14% = Rs 6300/2 = Rs 3150
Total Amount Showing in Tax Invoice is
Sale price = Rs 22500
SGST. = Rs 3150
CGST. = Rs. 3150
Total Amount = Rs 28800
parul0987:
thanks
Answered by
4
Hi
Discount is 10% of 25000
=2500
Price is 25000-2500
= 22500
Now
28% of 22500
= 28× 225
= 6300
As CGST = 6300/2 = 3150
SGST = 3150
Total Amount = 22500+3150+3150
= 28800
Hope it helps you
Discount is 10% of 25000
=2500
Price is 25000-2500
= 22500
Now
28% of 22500
= 28× 225
= 6300
As CGST = 6300/2 = 3150
SGST = 3150
Total Amount = 22500+3150+3150
= 28800
Hope it helps you
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