Calculate the following:Paid Transport charges ₹ 10,000 @ 5% GST. Ca

1.	Calculate the following:Paid Transport charges ₹ 10,000 @ 5% GST. Calculate CGST & SGST.
Answer» Transport charges = ₹ 10,000 @ 5% GST. CGST = Transport charges × 2.5%. = 10,000 × \(\frac{2.5}{100}\) = 10,000 × \(\frac{25}{1000}\) = ₹ 250 SGST = Transport charges × 2.5%. = 10,000 × \(\frac{2.5}{100}\) = 10,000 × \(\frac{25}{1000}\) = ₹ 250 Net value = 10,000 + 250 + 250 = ₹ 10,500.

Calculate the following:Paid Transport charges ₹ 10,000 @ 5% GST. Calculate CGST & SGST.

Answer»

Transport charges = ₹ 10,000 @ 5% GST.

CGST = Transport charges × 2.5%.

= 10,000 × \(\frac{2.5}{100}\)

= 10,000 × \(\frac{25}{1000}\)

= ₹ 250

SGST = Transport charges × 2.5%.

= 10,000 × \(\frac{2.5}{100}\)

= 10,000 × \(\frac{25}{1000}\)

= ₹ 250

Net value = 10,000 + 250 + 250 = ₹ 10,500.