Question

A product was sold to the consumer for taxable value of ₹512. GST charged is 5%. What is the amount of CGST and SGST in the tax invoive? What is the total amount paid by the consumer?
[2 Marks]

Answer 1

Rate of GST = 5%
<!--td {border: 1px solid #ccc;}br {mso-data-placement:same-cell;}--> ∴ Rate of CGST = Rate of SGST = 2.5%

CGST = 512 $\times$ $\frac{2.5}{100}$ = ₹12.8

As CGST = SGST, we get
SGST = ₹12.8
[1 Mark]

Total amount paid by the consumer = ₹512 + CGST + SGST = ₹512 + ₹12.8 + ₹12.8
= ₹537.6
[1 Mark]