Question

A shopkeeper in Panipat bought goods worth 1.20,000 from Panipat. If the rate of GST is 12% then, CGST is​

Answer 1

Answer:

105600

Step-by-step explanation:

if above answer is correct comment i will tell you solution

Answer 2

Given : A shopkeeper in Panipat bought goods worth 1.20,000 from Panipat.

the rate of GST is 12% then

To Find : CGST  

Solution:

A shopkeeper in Panipat bought goods worth 1.20,000 from Panipat.

Hence transaction is with in state

Hence GST will have 2 component CGST and SGST

CGST = SGST = GST/2

GST is 12%

=> CGST = SGST = 6 %

CGST = (6/100) 120000  = 7200

CGST is​ rs 7200

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