Question

pls solve the question

Answer 1

Purchase price of solar panel = ₹85,000

Selling price of solar panel = ₹90,000

GST on purchase price =

5% of 85,000

= 5/100×85,000

= 5× 850

= ₹4,250

there fore , input tax (ITC)=₹4,250

GST on selling price =

5% of ₹90,000

= 5/100×90,000

= 5×900

= ₹4,500

Therefore, output tax = ₹4,500

GST payable = Output tax - ITC

= 4,500-4,250

= ₹250

Hence , GST payable is ₹250.

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Answer 2

Answer:

Step-by-step explanation:

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