Question

a shoe manufacturer purchase goods worth 90,000 from the market within the state he sells his product in the neighbouring market for 78,000 of the common gst is 18% find the gst payable​

Answer 1

Answer:

rs .2160

Step-by-step explanation:

input GST = 18 % on raw materials = 18% of 90000 = 90000× 18/100 = 16200          output GST =18% on final product (shoes) = 18% of 78000 = 78000 ×18/100 =14040                                                                                                                                here, input GST is more than out put GST                                                                                    THUS, GST credit = input GST - output GST = 16200-14040 =Rs .2160                                                                                                                                                          

Answer 2

Answer:

GST Credit = Rs. 2160

Step-by-step explanation:

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