Question

A trader sold ceiling fans for 56,000 (with GST).
The rate of GST is 12%. Find the amount of
CGST and SGST payable by the trader. Also find
the taxable value of the ceiling fans sold.​

Answer 1

Answer:

Explanation:

Ans- 56000×12÷100

560×12=6720

GST=6720/-

CGST=SGST=1/2GST

CGST=SGST=6720÷2=3360/-

Actual value of celling fan -49280/-Taxable value of celling fan is 6720/-