Mathematics
A shopkeeper sells an AC to Ms. Alka for ₹ 31200 including GST at the rate of 28%. If the shopkeeper and Ms. Alka both are from the same city, find for the shopkeeper :
(i) total amount of GST
(ii) taxable value of A.C.
(iii) amount of CGST
(iv) amount of SGST
GST
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Answer
(i) Let S.P. of A.C. be x.
According to question,
GST = S.P.(including GST) - S.P.(excluding GST) = ₹ 31200 - ₹ 24375 = ₹ 6825.
Hence, the total amount of GST = ₹ 6825.
(ii) From part (i) we get,
The taxable value of A.C. = ₹ 24375.
(iii) Given, GST = 28%.
∴ CGST = 14%.
Hence, CGST = ₹ 3412.50
(iv) Given, GST = 28%.
∴ SGST = 14%.
Hence, SGST = ₹ 3412.50
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