What is Output GST ?
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GST on sales is called Output GST.
What is Input GST?
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GST on purchases is called Input GST.
What is GST Payable ?
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Output GST - Input GST = GST Payable
Question 1
Sales Amount Within State 100000
Purchase Amount Within State 80000
GST Rate
CGST 9%
SGST 9%
Calculate GST Payable
View answer
GST Computation Format:-
| PARTICULARS | AMT | CGST | SGST | TOTAL GST |
| Output GST | 100000 | 9000 | 9000 | 18000 |
| input GST | 80000 | 7200 | 7200 | 14400 |
| GST PAYABLE | 1800 | 1800 | 3600 |