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Finding CGST and SGST

A dealer buys...

Question

A dealer buys a product in Gujarat for ₹2400 and sells it in Gujarat itself .If the rate of GST is 18%. How much CGST does the dealer pay to the central government?

A

₹244

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B

₹200

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C

₹196

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D

₹216

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Solution

The correct option is D ₹216
Rate of GST = 18%
Since the product is sold within the state,
CGST = SGST = $\frac{18}{2}$ = 9%
$∴$ CGST paid by the dealer to the Central Government for this product = $\frac{9}{100} \times 2400$ = ₹216

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