Question

suppose a manufacturer sold a cycle for a taxable value of Rs.4000 to the wholesaler.Wholesaler sold it to the retailer for Rs.4800 (taxable value ). Retailer sold it to a customer for Rs.5200 (taxable value ).Rate of GST is 12%. Find the payable CGST and SGST at each stage of trading.

Answer 1

For Wholesaler

GST=Taxable value×12/100

=4000×12/100

GST =Rs.480

SGST=CGST=Rs.=240

For Retailer

GST=4800×12/100

=Rs.576

SGST=CGST=Rs.288

For customer

GST=5200×12/100

=Rs.624

SGST=CGST=Rs.312

Hopes it helps............