Question

The GST paid by the dealer to the government is __________.
a) ITC – Output GST
b) Output GST— ITC
c) ITC + Output GST
d) Output GST

Answer 1

Step-by-step explanation:

The GST rate is 18% comprising of CGST rate of 9% and SGST rate of 9%. In such case, the dealer collects Rs. 1800 of which Rs. 900 will go to the Central Government and Rs.