Question

Please solve this question
Mrs salim buys raw goods worth 140000 from different markets within state Gst 5% .he sold them at 210500 in markets of neighbouring state Rate of GST on packet is 12% Find amount of IGST payable by him​

Answer 1

Answer:

Rs 18260

Step-by-step explanation:

Mrs salim buys raw goods worth 140000 from different markets within state Gst 5%

Gst Paid (SGST + CGST) = (5/100) 140000 = Rs 7000

Sold for  210500

Gst = 12 %

IGST  = (12/100) * 210500 = Rs 25260

Gst Input credit = Rs 7000

IGST to be Paid = 25260 - 7000 = Rs 18260

Answer 2

Answer:

answer attached above