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Mr. Rohit is a retailer. He paid GST of 6500 at the time of purchase. He collected of GST of 8000 at the time of sale. (i) Find has input tax and output tax. (ii) What is his Input tax credit? (iii) Find his payable GST. (iv). Hence find the payable CGST and payable SGST. |
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Answer» Input tax=6500 (II) 6500 (iii) 1500 iv CGST=SGST=750 |
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