a motor agency purchased motor spare parts worth rs. 50500 from Chandigarh . the agency sold motor spare parts to customer for 70800 find the GST @ 8% .hence find cgst and utgst
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39
Answer:
UTGST=CGST=Rs 2832
Step-by-step explanation:
Taxable value =Rs70,800
Therefore Rate of GST=70,800×8/100
=5,664
Therefore GST=Rs 5,664
SGST=UTGST=1/2GST
=1/2×5664
=2832
Therefore the UTGST =CGST=Rs2,832
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