Nargis Agro Traders located at Jaipur and engaged in the business as retail traders provides the following details of its purchases and sales made during the month of July, 2017: Items Purchase (Amount in Rupees) Sales (

Note: Since GST Acts require that GST is to be charged separately, hence, all prices are taken as 'value' before taxes. Due credit may be given if a candidate has assumed that prices are inclusive of GST. 1. Calculation of Tax Payable by Nargis Agro Traders on the sales during July, 2017. Item Value in ₹ Rate Tax in ₹ Sugar Candies 1,20,000 5% 6,000 Chocolates Bars 1,00,000 12% 12,000 Wafers Packets 60,000 12% 7,200 Biscuits 50,000 18% 9,000 34,200 2. Calculation of Tax paid on Purchase as Input Tax Item Value in ₹ Rate Tax in ₹ Sugar Candies 1,00,000 5% 5,000 Chocolate Bars 80,000 12% 9,600 Wafers Packets 75,000 12% 9,000 Biscuits 50,000 18% 9,000 Total Input Tax Credit 32,600 Amount of Tax Payable Tax to be paid = ₹34,200 - ₹32,600 = ₹1600/- as CGST of ₹800/- and SGST of ₹800/- by 20/08/2017.