Advertisements
Advertisements
प्रश्न
'Chetana Store' paid total GST of Rs 1,00,500 at the time of purchase and collected GST Rs 1,22,500 at the time of sale during 1st of July 2017 to 31st July 2017. Find the GST payable by Chetana Stores.
उत्तर
Tax collected at the time of sale = Rs 1,22,500
Tax collected at the time of purchase = Rs 1,00,500
∴ GST payable = Tax collected at the time of sale − Tax collected at the time of purchase = Rs 1,22,500 − Rs 1,00,500 = Rs 22,000
Thus, the GST payable by Chetana Stores is Rs 22,000.
APPEARS IN
संबंधित प्रश्न
‘Pawan Medical’ supplies medicines. On some medicines the rate of GST is 12%, then what is the rate of CGST and SGST?
On certain article if rate of CGST is 9% then what is the rate of SGST? and what is the rate of GST?
‘M/s. Real Paint’ sold 2 tins of lustre paint and taxable value of each tin is Rs 2800. If the rate of GST is 28%, then find the amount of CGST and SGST charged in the tax invoice.
The taxable value of a wrist watch belt is Rs 586. Rate of GST is 18%. Then what is price of the belt for the customer ?
The total value (with GST) of a remote-controlled toy car is Rs 1770. Rate of GST is 18% on toys. Find the taxable value, CGST and SGST for this toy-car.
‘Tiptop Electronics’ supplied an AC of 1.5 ton to a company. Cost of the AC supplied is Rs 51,200 (with GST). Rate of CGST on AC is 14%. Then find the following amounts as shown in the tax invoice of Tiptop Electronics.
1. Rate of SGST
2. Rate of GST on AC
3. Taxable value of AC
4. Total amount of GST
5. Amount of CGST
6. Amount of SGST
‘Tiptop Electronics’ supplied an AC of 1.5 ton to a company. Cost of the AC supplied is Rs 51,200 (with GST). Rate of CGST on AC is 14%. Then find the following amounts as shown in the tax invoice of Tiptop Electronics.
(5) Amount of CGST
M/s Beauty Products paid 18% GST on cosmetics worth Rs 6000 and sold to a customer for Rs 10,000. What are the amounts of CGST and SGST shown in the tax invoice issued?
Particulars - Rate of Mobile Battery - Rs 200 Rate of GST 12% HSN 8507, 1 pc.
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?
Anna Patil (Thane, Maharashtra) supplied vacuum cleaner to a shopkeeper in Vasai (Mumbai) for the taxable value of Rs 14,000, and GST rate of 28%. Shopkeeper sold it to the customer at the same GST rate for Rs 16,800 (taxable value) Find the following –
Amount of CGST and SGST shown in the tax invoice issued by Anna Patil.
Anna Patil (Thane, Maharashtra) supplied vacuum cleaner to a shopkeeper in Vasai (Mumbai) for the taxable value of Rs 14,000, and GST rate of 28%. Shopkeeper sold it to the customer at the same GST rate for Rs16,800 (taxable value) Find the following –
What is the CGST and SGST payable by shopkeeper in Vasai at the time of filing the return.
A readymade garment shopkeeper gives 5% discount on a dress of 2,000 and charges 5% GST on the remaining amount. What is the purchase price of the dress for the customer?
28% GST was charged on the scooter having cost ₹ 50,000. Find the amount of CGST charged.
A businessmen supplied CCTV camera sets for police control room, worth of ₹ 1,77,000. The rate of GST is 18%. Then find the amount of SGST and CGST. Also find the taxable price of CCTV sets.
The taxable value of a wall clock is ₹ 1092, rate of GST is 18%. Find the price of the wall clock for the customer.
Fill in the boxes with the help of the given information:
| Tax invoice of services provided (Sample) | ||||||||
| Food Junction, Khed - Shivapur, Pune | Invoice no. 58 | |||||||
| Mob no. 7588580000, email - [email protected] | ||||||||
| GSTIN: 27AAAAA5555B1ZA | Invoice Date: 25 Feb., 2020 | |||||||
| SAC | Food items |
Qty | Rate (in ₹) |
Taxable amount |
CGST | SGST | ||
| 9963 | Coffee | 1 | 20 | 20.00 | 2.5% | ₹ 0.50 | 2.5% | `square` |
| 9963 | Masala Tea | 1 | 10 | 10.00 | `square` | ₹ 0.25 | 2.5% | `square` |
| 9963 | Masala Dosa | 2 | 60 | `square` | 2.5% | `square` | 2.5% | ₹ 3.00 |
| Total | 150.00 | `square` | ₹ 3.75 | |||||
| Grand Total | = ₹ 157.50 | |||||||
The total value (with GST) of remote controlled toy car is ₹ 2360. Rate of GST is 18% on toys. Complete the following activity to find the taxable value for the toy car.
Activity:
Total value for toy car with GST = ₹ 2360
Rate of GST = 18%
Let taxable value for toy car be ₹ x
∴ GST = `18/100 xx x`
∴ Total value for toy car = (taxable value for toy car) + `square` .....Formula
∴ 2360 = `square + square/100 xx x`
∴ 2360 = `square/100 xx x`
∴ 2360 x 100 = 118x
∴ `x = (2360 xx 100)/square`
∴ Taxable value for toy car is ₹ `square`
