Math, asked by Anonymous, 6 months ago

Smt. Malhotra purchased solar panels for the taxable value of ` 85,000. She sold
them for ` 90,000. The rate of GST is 5%. Find the ITC of Smt. Malhotra. What is
the amount of GST payable by her ?

Answers

Answered by Anonymous
3

Answer:

68990 is the right answer

Step-by-step explanation:

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Answered by ItzBrainly28
17

Answer:

Output tax = 5% of 90000

= 5/100 × 90000

= Rs 4500

Input tax. = 5% of 85000

= 5/100 × 85000

= Rs 4250

ITC = Rs 4250

GST payable = Output tax - 4250

= 4500 - 4250

Therefore, GST payable = Rs 250

Therefore, ITC of Smt. Malhotra is Rs 4250 and amount of GST payable by her is Rs 250

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