Question

Total GDT paid at the time of purchase is rs 1,00,500 and collected GST at the time is rs 1,22,500 find the GST​

Answer 1

Given :

• Total GDT paid at the time of purchase is rs 1,00,500 and collected GST at the time is rs 1,22,500

To find :

• GST

solution :

output tax = 122500

input tax = 100500

input tax credit = 100500

we know that GST payable

= input tax - itc

= 122500 - 100500

= 22000 Rs

∴ GST is Rs 22000

Answer 2

22000 is the correct answer

hosp it helps