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प्रश्न
A registered dealer purchased garments worth ₹ 250000 from a manufacturer in the same state. The value of his supplies in interstate transactions was ₹ 30000. He sold the remaining stock for ₹ 260000 within the state. Find the net IGST, CGST and SGST payable by him, if the GST rate is 12%.
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उत्तर
Given:
Purchase (intra‑state) from manufacturer = ₹ 2,50,000
Value of interstate supplies = ₹ 30,000
Value of intra‑state sale (remaining stock) = ₹ 2,60,000
GST rate = 12% (i.e. CGST 6% + SGST 6% on intra‑state; IGST 12% on inter‑state).
Step-wise calculation:
1. Input tax on purchase (intra‑state, so CGST + SGST):
Input CGST = 6% of 2,50,000
= 0.06 × 2,50,000
= ₹ 15,000
Input SGST = 6% of 2,50,000
= ₹ 15,000
2. Output tax on supplies:
Output IGST on interstate supplies
= 12% of 30,000
= 0.12 × 30,000
= ₹ 3,600
Output CGST on intra‑state sale
= 6% of 2,60,000
= 0.06 × 2,60,000
= ₹ 15,600
Output SGST on intra‑state sale
= 6% of 2,60,000
= ₹ 15,600
3. Apply set‑off as per GST set‑off priority: IGST liability is first discharged by IGST credit, then CGST, then SGST; CGST/SGST liabilities can be adjusted similarly. Using the available input credits (no input IGST, only CGST and SGST):
Use CGST input to offset IGST output: reduce CGST input by ₹ 3,600
CGST input remaining = 15,000 – 3,600
= ₹ 11,400
IGST payable ₹ 0.
CGST output 15,600 is then offset by remaining CGST input 11,400.
CGST payable = 15,600 – 11,400
= ₹ 4,200
SGST output 15,600 is offset by SGST input 15,000
⇒ SGST payable = 15,600 – 15,000
= ₹ 600
