Smt. Malhotra purchased solar panels for the taxable value of Rs. 85,000. She sold them for Rs. 90,000. The rate of GST is 5%. Find the ITC of Smt. Malhotra. What is the amount of GST payable by her?
A trader from Surat, Gujarat sold cotton clothes to a trader in Rajkot, Gujarat. The taxable value of cotton clothes is Rs. 2.5 lacs. What is the amount of GST at 5% paid by the trader in Rajkot?
A ready-made garment shopkeeper gives 5% discount on the dress of Rs. 1000 and charges 5% GST on the remaining amount, then what is the purchase price of the dress for the customer?
A dealer has given 10% discount on a showpiece of Rs. 25,000. GST of 28% was charged on the discounted price. Find the total amount shown in the tax invoice. What is the amount of CGST and SGST?
Write the correct alternative for each of the following.
(1) Rate of GST on essential commodities is . . .A. 5%B. 12%C. 0%D. 18% Solution:C. 0%Explanation:According to Central board of Exercise and customs the rate of GST on essential commodities is 0% (2) The tax levied by the central government for trading within state is . . .A. IGSTB. CGSTC. SGSTD. UTGST Solution:B. CGSTExplanation:The […]