A trader Sold celling fan for rupees 56000 with Gst is 12% find the amount of CGST and SGST payable by the trader also find the taxable value of the fan
Answers
Answered by
3
Answer:
3000,3000,5000
Step-by-step explanation:
since cgst and sgst is equal and will be 6 percent each.
so x*112/100=56000
x= 56000*100/112
x=50000
taxable amount is 50000
cgst is 3000
sgst is 3000
Answered by
1
Answer:
CP = SP*100/(100+G) = 56000*100/112 = 50000
CGST = SGST = 6%
CGST = SGST = 50000*6/100 = 3000
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