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Buys ₹2000+10% GST; sells ₹2500+10% GST. All input GST usable as credit. Cash GST?

A₹200

B₹250

C₹50

D₹450

Answer & Solution

Correct answer: C. ₹50

Output GST of ₹250 less eligible input GST of ₹200 leaves ₹50 payable in cash.

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