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‘M/s. Real Paint’ sold 2 tins of lustre paint and taxable value of each tin is ₹2800. If the rate of GST in 28% then find the amount of CGST and SGST charged in the tax invoice.

Given :

Taxable value of each tin = ₹2800

No. of Tins = 2

Rate of GST = 28%

To find :

Amount of SGST, Amount of SGST

Sol.

(i) We know that, the rate of CGST and rate of SGST is same

∴ 28% rate of GST is divided into two equal parts.

∴ \(28\%\over2\) = 14%

∴ Rate of CGST = Rate of SGST = 14%

(ii) Taxable value of each tin = ₹ 2800

∴ Taxable value of 2 tins

= 2800 × 2 = ₹5600

∴ Amount of CGST

= 14% of ₹5600

= \({14\over 100} × 5600 \) = ₹784

∴ Amount of CGST = ₹784

(iii) ∴ Amount of SGST = ₹784