Question

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

(4) Total amount of GST 

 

Answer 1

(4) Total amount of GST = Cost of the AC with GST − Taxable value of AC = Rs 51,200 − Rs 40,000 = Rs 11,200