Question

‘M/s. Real Paint’ sold 2 tins of lustre paint and taxable value of each tin is Rs 2800. If the rate of GST is 28%, then find the amount of CGST and SGST charged in the tax invoice.

Answer 1

Total taxable value of 2 tins of lustre paint = Rs 2,800 × 2 = Rs 5,600

Rate of GST = 28%

∴ Rate of CGST = Rate of SGST = 14%

Amount of CGST charged = Amount of SGST charged =  \[\frac{14}{100} \times 5600\] = Rs 784

Thus, the amount of CGST charged is Rs 784 and the amount of SGST charged is Rs 784 in the tax invoice.