Question

the total amount payable for a commodity is 9600 in a state with cgst and sgst both equal to 10 % find the total amount payable for the same commodity in a duiferent state with an sgst of 5 %​

Answer 1

Answer:

Given : total amount payable for a commodity is 9600 in a state with cgst and sgst both equal to 10 %

To Find : the total amount payable for the same commodity in a different state with an sgst of 5 %

Solution:

Let say Price of commodity before GST = P

10 % CGST = (10/100)P = 0.1P

10 % SGST = (10/100)P =0.1P

Price including GST = P + 0.1P + 0.1P = 1.2P

1.2P = 9600

=> P = 8000

in other state sgst = 5 %

SGST & CGST are always same

Hence CGST in other state = 5 %

SGST = (5/100) 8000 = 400

CGST = (5/100) 8000 = 400

Amount including GST = 8000 + 400 + 400 = 8800

amount payable for the same commodity in a different state = 8800

Step-by-step explanation:

HOPE THIS HELP U