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In this case on goods purchase and sales, IGST will be charged.
Example
Q 4
Sales Amount Outside State 100000
Purchase Amount Outside State 120000
GST Rate
- CGST 9%
- SGST 9%
Calculate GST Payable
View AnswerSince Goods are sold Outside State,IGST will be charged
Rate of IGST=CGST+SGST=9%+9%=18%
| PARTICULARS | AMT | IGST |
| Output GST | 100000 | 18000 |
| input GST | 120000 | 21600 |
| GST PAYABLE | 0 | |
| GST Credit | 3600 |
Since IGST Input is more than IGST Output , it is IGST Credit.
