In an intra state transaction if SGST = 14% and the price of a car is ₹5.4 Lakhs, find the total amount after GST that the customer is paying for the car.
A
₹6,88,400
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B
₹6,91,200
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C
₹6,98,600
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D
₹6,82,800
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Solution
The correct option is B ₹6,91,200 In an intra state transaction: CGST = SGST = TotalGST2 Given SGST = 14% Hence Total GST being charged = SGST + CGST = 28% 28% of ₹540000 = 28100×540000 = ₹151200 ∴ Total amount being paid by the customer for the car = ₹540000 + ₹151200 = ₹6,91,200