Mrs. Ambika is a ratailer. She paid GST of Rs.6,500 at the time of
purchase. She collected GST of Rs. 8,500 at the time of sale.
Find her payable GST.
Answers
Answered by
14
Step-by-step explanation:
Here,
Input tax credit (ITC) = ₹ 6500
Output tax (OT) = ₹ 8500
Payable GST = OT - ITC
= ₹ 8500 - ₹ 6500
= ₹ 2000
Answered by
0
Answer:
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