Question

iv) What is the amount of IGST on goods
worth 75000 purchased from Samir @ 5%
TD and 12% GST and the amount due to
him?​

Answer 1

Answer:

iv) What is the amount of IGST on goods

worth 75000 purchased from Samir @ 5%

TD and 12% GST and the amount due to

him?

Answer 2

Answer:

IGST = 1/2x 8550= 4275

Total Purchase Price = 71250 + 8550 = 79800

Explanation:

Goods Price: 75000

TD: 5% = 5/100x75000 = 3750

Purchase Price After Reduction of TD= 71250

12% GST = 12/100x 71250 =8550

Therefore IGST = 1/2x 8550= 4275

Total Purchase Price = 71250 + 8550 = 79800