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Question
28% GST was charged on the scooter having cost ₹ 50,000. Find the amount of CGST charged.
Options
₹ 8,000
₹ 7,500
₹ 14,000
₹ 7,000
Solution
₹ 7,000
Explanation:
Given: Cost = ₹ 50,000
And GST = 28%
So, Rate of CGST = `"Rate of GST"/2` = 14%
∴ CGST = `14/100 xx 50000` = 7000
Thus, the amount of CGST is ₹ 7,000.
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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 | |||||||
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Activity:
Total value for toy car with GST = ₹ 2360
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∴ 2360 = `square + square/100 xx x`
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∴ Taxable value for toy car is ₹ `square`
