Question

Std 10th maths 1 answers please help you​

Answer 1

Answer :

Input tax by Malik Gas Agency at 5% on 24,500

= 5/100 × 24,500

= Rs 1225.

Thus, ITC for Malik Gas Agency is Rs . 1225....(1)

Now, the agency sold cylinders to customers for Rs. 26,500.

Output tax by the agency is 5% of Rs. 26,500.

Output tax = 5/100 × 26,500

= Rs 1325...(2)

GST Payable = Output tax - ITC

So, from (2) and (1),

= Rs.(1325 - 1225)

= Rs. 100

CGST = 1/2 × GST

= 1/2 × 100

= Rs. 50

UTGST = CGST = Rs.50

Final answer :

Malik Gas Agency paid GST Rs. 100; CGST Rs. 50 and UTGST Rs. 50  

Answer 2

Input tax paid at 5% on rs. 24,500

= 5/100 × 24500

= Rs. 1225

Output tax paid at 5% on Rs. 26,500

= 5/100 × 26500

=Rs. 1325

GST payable = Output tax - Input tax

= 1325 - 1225

= 100

CGST = UTGST = 1/2 × GST

= 1/2 × 100

= 50

____________________________________