Q. 34.1( 36 Votes )

Amir Enterprise p

Answer :

Amir Enterprise:


Input GST = Rs.3800


Output GST = Rs. 4100


GST Payable = Output Tax – ITC


= 4100 – 3800 = Rs. 300


We know that CGST and SGST are components of GST.


CGST is always equal to SGST


i.e. GST = CGST + SGST


Let CGST and SGST be x.


Then GST = x + x


300 = 2x


x = 150


CGST, SGST = Rs. 150


Akbari Bros:


Input GST = Rs. 4100


Output GST = Rs. 4500


GST Payable = Output Tax – ITC


= 4500 – 4100 = Rs. 400


We know that CGST and SGST are components of GST.


CGST is always equal to SGST


i.e. GST = CGST + SGST


Let CGST and SGST be x.


Then GST = x + x


400 = 2x


x = 200


CGST, SGST = Rs. 200


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