Question

Mr.Sawant purchased a machine for rupees 8850 (with gst) and sold it to the consumerfor rupees 10030 (with gst ) rate of gst is 18%. Find the amount of cgst and sgst to be paid by mr sawant

Answer 1

Let actual Price of machine is X

With GST 18%

X×118/100=8850

X= 7500

GST(Purchased) = 8850-7500=1350

Mr Sawant sold it at 10030.

Let price he marked (MP) = Y

Y +Y×18/100 =10030

Y= 8500

so

GST (Sell) = Selling P - MP

(GST) = 10030-8500=1530 Rs.

ITC claim = 1350

Total GST paid = 1530-1350 =180

it is divided in two equal parts

Central GST = State GST

CGST- 180/2= 90rupees

SGST -180/2 = 90 rupees

Answer -90 & 90

Mark it Brainiest ☺️☺️☺️

【What is itc claim ??

one can claim gst amount paid on purchase if he have to pay gst on selling the product

Answer 2

Answer:

.........................i domt know