‘M/s. Real Paint’ sold 2 tins of lustre paint and taxable value of each tin is rupees 2800. If the rate of GST is 28%, then find the amount of CGST and SGST charged in the tax invoice. Solve the word problem
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Dear Student,
◆ Answer -
CGST = SGST = 764 Rs
◆ Explanation -
Total price of two tins is -
Total = 2 × 2800
Total = 5600 Rs
Total amount of GST calculated is -
GST = 5600 × 28/100
GST = 1568 Rs
Half of this will be CGST and and half will be SGST.
CGST = SGST = GST/2
CGST = SGST = 1568/2
CGST = SGST = 764 Rs
Hope this helps you...
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