Smt. Malhotra purchased solar panels for the taxable value of ₹ 85,000. She sold them for ₹ 90,000. The rate of GST is 5%. Find the ITC of Smt. Malhotra. What is the amount of GST payable by her?

Doubtly Asked 24 Oct 2026 Save WhatsApp Report

1 answer

Answer: ITC = ₹ 4250; GST payable = ₹ 250

ITC = GST paid on purchase \( = 5\% \text{ of } 85000 = ₹\,4250 \)

Output tax \( = 5\% \text{ of } 90000 = ₹\,4500 \)

\[ \text{GST payable} = 4500 - 4250 = ₹\,250 \]

Doubtly AI · 24 Oct 2026 AI-verified · Oct 2026 Report

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