HOW DO I CALCULATE GST?

For Gst Calculation 

- You need to collect one months sales bill    purchase bill and debit - credit notes.

(A) after you need to sum of all sales bill itc +debit notes itc.

(B) then you need to sum purchase bill itc+ credit note itc sum .

- PAYABLE MEANS > TAX PAYABLE ON SALES - ITC OF MONTH = TAX PAYABLE.

Example.

You have dec_2020 months total tax cgst payable is rs. 10000 and sgst payable is rs. 10000. You have itc of this month is rs. Cgst is 7000. And sgst itc is 7000.

Then your tax is payable 

Cgst payable is . 10000-7000 = 3000.

Sgst  payable is . 10000-7000 = 3000.

Your total is payable 6000 Rs.

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