iv) Rajesh, a retailer, paid GST of 6500 at the time of purchase. He collected
of 8000 at the time of sale. (1) Find his input tax and output tax (2) Find the
SGST and CGST payable by him.
Answers
Answered by
84
Answer:
1) Input tax = Rs 6500
Output tax = Rs 8000
Step-by-step explanation:
2)GST Payable = output tax - input tax
= 8000 - 6500
= Rs 1500
SGST = CGST =1/2 of GST
= 1/2 x 1500
= Rs 750
Answered by
1
Answer:
Step-by-step explanation:
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