Question

Ahuja Enterprise bought solar equipment for
90,000 and sold it for 1,30,000. The rate on
goods and service tax is 5%. What is the input
tax credit in this transaction? What is
payable GST?
​

Answer 1

Answer:

The amount of ITC is rupees 4,250 and the amount of payable GST is rupees 250

Answer 2

Step-by-step explanation:

The amount of ITC is rupees 4,250 and the amount of payable GST is rupees 250