Mr Rao purchased some items from a shop. The GST rate and
price for each item is given in the table below. Find
(i) The total amount of SGST paid by Mr Rao.
Answers
Given : Mr Rao purchased some items from a shop.
The GST rate and price for each item .
To Find : The total amount of SGST paid by Mr Rao.
Solution:
S. No. Items Price Rate of GST GST
1 Nuts 750 5 % (5/100) 750 = 37.5 Rs
2 Chips 55 10 % (10/100) 55 = 5.5 Rs
3 Tea 90 18 % (18/100) 90 = 16.2 Rs
Total 59.2 Rs
GST has two components SGST and CGST
SGST = CGST
SGST + CGST = GST
=> SGST = CGST = GST/2
=> SGST = 59.2/2
=> SGST = 29.6 Rs
The total amount of SGST paid by Mr Rao. = Rs 29.6
SGST = State Goods and Service Tax
CGST Central Goods and service tax
GST - Goods and service tax
IGST - Interstate Goods and service tax
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