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A) The sales tax on Cloth material is levied at 5%. I bought cloth worth Rs. 12500.
Calculate:
i) The amount of tax I have to pay.
ii) The total amount I have to pay the shopkeeper.
Answers
Answered by
0
Answer:
Step-by-step explanation:
Total taxable value of 2 tins of lustre paint = Rs 2,800 × 2 = Rs 5,600
Rate of GST = 28%
∴ Rate of CGST = Rate of SGST = 14%
Amount of CGST charged = Amount of SGST charged = 14100×5600 = Rs 784
Thus, the amount of CGST charged is Rs 784 and the amount of SGST charged is Rs 784 in the tax invoice.
Answered by
1
Answer:
i) ₹625
ii) ₹13125
Step-by-step explanation:
5% of 12500 = 5/100 × 12500 = 5 × 125 = ₹625
i) The amount of tax to pay = ₹625
ii) Total amount to pay the shopkeeper = 12500 + 625 = ₹13125
Hope it helps you:)
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