A dealer in Delhi sells an electric motor to a consumer in Delhi listed at 25,000. If the rate of GST is 28%, calculate the GST paid by the consumer. Also, calculate the price of the motor that the consumer to be paid.
Answers
Answered by
3
‘M/s. Real Paint’ sold 2 tins of lustre paint and taxable value of each tin is Rs 2800. If the rate of GST is 28%, then find the amount of CGST and SGST charged in the tax invoice.
ANSWER:
Total taxable value of 2 tins of lustre paint = Rs 2,800 × 2 = Rs 5,600
Rate of GST = 28%
∴ Rate of CGST = Rate of SGST = 14%
Amount of CGST charged = Amount of SGST charged =
14
100
×5600 = Rs 784
Thus, the amount of CGST charged is Rs 784 and the amount of SGST charged is Rs 784 in the tax invoice.
Similar questions