Question

Soni Gas Agency supplied LPG cylinder to the consumer for taxable value if rs.600. GST charged is 5%. What is the amount of CGST and
SGST in the tax invoice? What is the total amount paid by the
consumer?​
plse solve

Answer 1

Answer:

Rate of GST = 5%

Rate of CGST = 2.5%

Rate of SGST = 2.5%

Therefore, CGST = 2.5% ÷ 100 × 600

CGST = Rs15

Therefore,

SGST = CGST = Rs 15

Now,

Amount paid by consumer = taxable value + SGST + CGSt

= 600 + 15 + 15

= 630