Question

mrs. lata has a leather coat manufacturer unit in state A . she buys raw materials worth rs. 80,00 from a supplier from a state B at a discount of 10% . she sells her product worth rs 2,20,000 outside the state. if the rate of Cgst @2.5% find the Igst payable/credit.


please help me with this question urgently I've test tommorow
plz...plz.....​

Answer 1

Answer:

Step-by-step explan

Discount on the raw material = 80,000(1 - 10/100)

                                               = 80,000 × 9/10

                                                = 72,000

                   CGST on the selling price = 2,20,000 × 2.5/100

                                                                =  2,2000 × 2.5

                                                                 =  2200 × 25

                                                                   = 55,000

                           SGST = 55,000

                  Total GST = 55,000 + 55,000

                                   =   1,10,000

                         therefore GST credit = 0

Answer 2

Answer:

8000-8000×10/100=7200

Since cgst is 2.5 % then gst is 5%

GST=IGST

IGST=5/100×220000-5/100×7200

11000-360=10640 Rs.

Step-by-step explanation:

if your answer is given 7400 Rs. then the amount that is 8000 should be 80000 Rs. it means answer is wrong. Please mark it as brainliest answer.