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Question
M/s Janaseva sweet mart sold sweets of Rs.3,86,000. What CGST and SGST he will pay if the rate of GST is 5%?
Solution
Given that M/s Janaseva sweet mart sold sweets of ₹ 3,86,000
∴ Bill amount = ₹ 3,86,000
GST payable at the rate 5%
∴ CGST and SGST applicable is 2.5% each
∴ CGST on the bill = `2.5/100 xx 3,86,000`
= ₹ 9650
and SGST on the bill = `2.5/100 xx 3,86,000`
= ₹ 9650
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