Mandar purchs Gold 40000 and sold it for 44000 with rate of GST 18% Find amount
GST payable, SGST CGST
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Step-by-step explanation:
GST=18%
GST PAYABLE=?
CGST=9% & SGST=9%
GST PAYABLE = 44000×18/100
. ' . GST PAYABLE = 7920
& CGST=SGST=7920/2
= 3960
.
.
Hope it will help you
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