Gst calculation of Rs. 250000/-


This query is : Resolved 

Quick Summary
This discussion clarifies the Goods and Services Tax (GST) calculation for an invoice of Rs 250,000. It details how deductions for rental and water charges reduce the net taxable amount. The correct GST at 18% and the final gross total are then confirmed, addressing a query about potential calculation errors.

(Querist)
04 April 2025 Dear Sir,
I Raised the GST invoice.
Taxable Services Rs. 250000/-
Less Deduction rental of house 10000/-
Less water Rs. 5000/-
Net taxable amount Rs. 235000/-
GST 18% Rs. 42300
Gross total Rs. 277000/-
Please check this calculation is correct and not correct

04 April 2025 GST will be 45000/-... Gross will be Rs. 2,80,000/-

29 September 2025 Good luck..


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