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On Purchase of goods within State, CGST and SGST will be charged.

On sales of goods on off side state, IGST will be charged.

 

What will be Rate of IGST?

IGST Rates=CGST Rate+SGST Rate

 

Example 

Suppose CGST Rate is 2.5% and SGST Rate is 2.5%

IGST Rate=2.5%+2.5%=5%

 

 

 

Q3

Sales Amount Outside State 100000

Purchase Amount Outside State 60000

GST Rate:-

CGST 9%

SGST 9%

Calculate GST Payable

-a-

Since Goods are sold Outside State,IGST will be charged

Rate of IGST=CGST+SGST=9%+9%=18%

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  1. GST - Goods and Services Tax, India
  2. GST Computation & Accounting
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CA Maninder Singh's photo - Expert in Practical Accounts, Taxation and Efiling
CA Maninder Singh
CA Maninder Singh is a Chartered Accountant for the past 7 years. He provides courses for Practical Accounts, Taxation and Efiling at teachoo.com .
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