M/s Real Paint sold 2 tins of lustrr paint and taxable value of each tin is ₹2800. If the rate of GST is 28%,than find the amount of CGST and SGST charged in the tax invoice.
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The amount of CGST & SGST are same.
Therefore, 14% CGST & 14% SGST will be charged.
Taxable value of each tin = 2800
CGST & SGST of each tin = 2800 × (14/100)
=Rs 392
Now, it is being asked to find the amount of CGST and SGST charged in the tax invoice.
CGST & SGST of both tins = (392)*2 = Rs 784
Therefore, 14% CGST & 14% SGST will be charged.
Taxable value of each tin = 2800
CGST & SGST of each tin = 2800 × (14/100)
=Rs 392
Now, it is being asked to find the amount of CGST and SGST charged in the tax invoice.
CGST & SGST of both tins = (392)*2 = Rs 784
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