purchased a car for ₹ 400000 Plus cgst and sgst 6% each by taking a loan of ₹ 300000 from HDFC Bank and balance paid by cheque
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Cost of car =4,48,000
loan from bank =3,00,000
balance will be 4,48,000-3,00,000 = 1,48,000
1,48,000 will be paid by cheque.
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