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A refrigerator was sold for ₹ 15,000 under intrastate transaction from station A to station B and the GST rate is 18%. CGST is equal to:

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Question

A refrigerator was sold for ₹ 15,000 under intrastate transaction from station A to station B and the GST rate is 18%. CGST is equal to:

Options

  • ₹ 1400

  • ₹ 1350

  • ₹ 1300

  • ₹ 2700

MCQ
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Solution

₹ 1350

Explanation:

For an intra-state sale the 18% GST is split equally into CGST and SGST.

So, CGST = `(18%)/2`

= 9% of ₹ 15,000

= 0.09 × 15,000

= ₹ 1,350

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Chapter 1: Goods and Services Tax (G.S.T.) - EXERCISE 1 [Page 15]

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R.S. Aggarwal Mathematics [English] Class 10 ICSE
Chapter 1 Goods and Services Tax (G.S.T.)
EXERCISE 1 | Q 12. | Page 15
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