iv) What is the amount of IGST on goodsworth 75000 purchased from Samir @ 5%TD and 12% GST and the amount due tohim? About the author Mia
Answer: IGST = 1/2x 8550= 4275 Total Purchase Price = 71250 + 8550 = 79800 Explanation: Goods Price: 75000 TD: 5% = 5/100×75000 = 3750 Purchase Price After Reduction of TD= 71250 12% GST = 12/100x 71250 =8550 Therefore IGST = 1/2x 8550= 4275 Total Purchase Price = 71250 + 8550 = 79800 Reply
Answer: iv) What is the amount of IGST on goods worth 75000 purchased from Samir @ 5% TD and 12% GST and the amount due to him? Reply
Answer:
IGST = 1/2x 8550= 4275
Total Purchase Price = 71250 + 8550 = 79800
Explanation:
Goods Price: 75000
TD: 5% = 5/100×75000 = 3750
Purchase Price After Reduction of TD= 71250
12% GST = 12/100x 71250 =8550
Therefore IGST = 1/2x 8550= 4275
Total Purchase Price = 71250 + 8550 = 79800
Answer:
iv) What is the amount of IGST on goods
worth 75000 purchased from Samir @ 5%
TD and 12% GST and the amount due to
him?