Question

Mr.Sawant purchased a machine for rs 8850 (with gst) and sold it to the consumer for rs 10030 (with gst) . Rate of gst is 18%. Find the amount of CGST and SGST to be paid by mr. Sawant

Answer 1

Here it is solved...

Answer 2

Answer:

CGST = Rs 1350

SGST = Rs 1530

Step-by-step explanation:

Find the CGST:

GST = 18%

Purchased Price = 100 + 18 = 118%

118% = Rs 8850

1% =8850 ÷ 118 =  Rs 75

18% = 75 x 18 = Rs 1350

Find the SGST:

GST = 18%

Selling Price = 100 + 18 = 118%

118% = 10030

1% = 1003 ÷ 118 = Rs 85

18% = 85 x 18 = Rs 1530

Answer: The CGST is Rs 1350 and the SGST is Rs 1530