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Question
Find the amount of bill for the following inter-state transaction of goods/services:
Cost of transaction = 30,000; discount = 30% and GST=28%.
Sum
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Solution
Cost of goods = Rs. 30000
Discount = 30% = `(30/100)xx30000` = Rs. 9000
Basic Cost = 30000 − 9000 = Rs. 21000
IGST = `(28/100)xx21000` = Rs. 5880
Total Amount = 21000 + 5880 = Rs. 26880
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