Mr sawant Purchased a machine for Rs 8850 and sold it to the consumer for Rs 10030 . Rate of GST is 18% . Find the amount of CGST and SGST to be paid by Mr Sawant .
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kalyani227:
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Answer:
Step-by-step explanation:
Input tax Rs. 8850
ITC=RS. 8850
Output tax Rs. 10030
GST payable =
OUTPUT TAX - ITC
10030-8850
1180 RS
GST RATE 18% OF 1180
18/100*1180
212.4₹
CGST=SGST= 212.4/2
₹106.2
H̷O̷P̷E̷ I̷T̷ H̷E̷L̷P̷S̷ Y̷O̷U̷
Step-by-step explanation:
Input tax Rs. 8850
ITC=RS. 8850
Output tax Rs. 10030
GST payable =
OUTPUT TAX - ITC
10030-8850
1180 RS
GST RATE 18% OF 1180
18/100*1180
212.4₹
CGST=SGST= 212.4/2
₹106.2
H̷O̷P̷E̷ I̷T̷ H̷E̷L̷P̷S̷ Y̷O̷U̷
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