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ICSE Class 10 Answered

Rohit purchased an article and paid GST of Rs. 10,400. He sold the article to Manish and collected GST of Rs. 11,000. Geeta purchased the same article from Manish and paid GST of Rs. 11,800. Find the amount of SGST and CGST payable at each stage if each transaction is intra state.
Asked by varma.renu9481 | 05 Apr, 2023, 11:57: AM
answered-by-expert Expert Answer

For Rohit:

Input tax = Rs. 10,400

Output tax = Rs. 11,000

GST paid by Rohit = Output tax – Input tax = Rs. 600

SGST = CGST = Rs. 300

For Manish:

Input tax = Rs. 11000

Output tax = Rs. 11800

∴ GST paid by Manish = 11800 – 11000 = Rs. 800

∴ SGST = CGST = Rs. 400
Answered by Rashmi Khot | 05 Apr, 2023, 03:57: PM
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