Question

M/s Janaseva sweet mart sold sweets of Rs.3,86,000. What CGST and SGST he will pay if the rate of GST is 5%?

Answer 1

Given that M/s Janaseva sweet mart sold sweets of ₹ 3,86,000

∴ Bill amount = ₹ 3,86,000

GST payable at the rate 5%

∴ CGST and SGST applicable is 2.5% each

∴ CGST on the bill = `2.5/100 xx 3,86,000`

= ₹ 9650

and SGST on the bill = `2.5/100 xx 3,86,000`

= ₹ 9650