1) 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%?​

1 thought on “1) M/s Janaseva sweet mart sold sweets of<br />Rs.3,86,000. What CGST and SGST he will<br />pay if the rate of GST is 5%?​”

1. Answer:

   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

   Concept: Goods and Service Tax (GST)

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