‘M/s. Real Paint’ sold 2 tins of lustre paint and taxable value of each tin is Rs. 2800. If the rate of GST is 28%, then find the amount of CGST and SGST charged in the tax invoice.
Given rate of GST = 28%
The taxable value of 1 tin = Rs.2800
∴ Taxable value of 2 tins = Rs.5600
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
⇒ 28 = 2x
⇒ x = 14%
Hence CGST, SGST = 14%
We know that CGST = ![]()
⇒ CGST = ![]()
= Rs.784
∵ CGST = SGST
∴ SGST = Rs.784
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