Advertisements
Advertisements
Question
A is a dealer in Banaras (U.P.). He supplies goods/services worth Rs. 8,000 to a dealer B in Agra (U.P.). Dealer B, in turn, supplies the same goods/services to dealer C in Patna (Bihar) at a profit of Rs. 1,200. Find the input and output taxes for the dealer C under the GST system if the rate of GST is 18% and C does not sell his goods/services further.
Solution
For the dealer A (intra-state transaction),
S.P. = Rs. 8,000
For the dealer B (intra-state transaction),
C.P. = Rs. 8,000
CGST = 9% of 8,000 = Rs. 720
SGST = 9% of 8,000 = Rs. 720
Profit = Rs. 1,200
S.P. = Rs. 9,200
For the dealer C (inter-state transaction),
C.P. = Rs. 9,200
IGST = 18% of Rs. 9,200
= `18/100 xx 9,200`
= Rs. 1,656
Input Tax = Rs. 1,656
Since the dealer in Patna does not sell the product.
Output GST (tax on sale) = Rs. 0
APPEARS IN
RELATED QUESTIONS
For the following transaction within Delhi, fill in the blanks to find the amount of bill:
MRP = ₹ 12,000
Discount % = 30%
GST % = 18%
Discount = ______
Selling price (discounted value) = ______
CGST = ______
SGST = ______
IGST = ______
Amount of Bill = ______
A computer mechanic in Delhi charges repairing cost from five different persons A, B, C, D and E with certain discounts. The repairing costs and the corresponding discounts are as given below:
| Name of the person | A | B | C | D | E |
| Repairing cost (in Rs.) | 5500 | 6250 | 4800 | 7200 | 3500 |
| Discount % | 30 | 40 | 30 | 20 | 40 |
If the rate of GST is 18%, find the total money (including GST) received by the mechanic.
Find the amount of bill for the following inter-state transaction of goods/services.
| MRP (in Rs.) | 12,000 | 15,000 | 15,000 | 18,000 |
| Discount % | 30 | 20 | 30 | 40 |
| CGST % | 6 | 9 | 14 | 2.5 |
M/s Ram Traders, Delhi, provided the following services to M/s Geeta Trading Company in Agra (UP). Find the amount of bill:
| Number of services | 8 | 12 | 10 | 16 |
| Cost of each service (in ₹) | 680 | 320 | 260 | 420 |
| GST % | 5 | 12 | 18 | 12 |
Goods/services are sold from Agra (U.P.) to Kanpur (U.P.) for Rs. 20,000 and then from Kanpur to Jaipur (Rajasthan). If the rate of GST is 18% and the profit made at Kanpur is Rs. 5,000, find:
- the net GST payable by the dealer at Kanpur.
- the cost of goods/services at Jaipur.
Consultancy services, worth Rs. 50,000, are transferred from Delhi to Kolkata at the rate of GST 18% and then from Kolkata to Nainital (with profit = Rs. 20,000) at the same rate of GST. Find the output tax at:
- Delhi
- Kolkata
- Nainital
The marked price of an article is Rs. 6000. A wholesaler sells it to a dealer at 20% discount. The dealer further sells the article to a customer at a discount of 10% on the marked price. If the rate of GST at each stage is 18%, find the amount of tax (under GST) paid by the dealer to the government.
The printed price of an article is ₹ 3080. If the rate of GST is 10%, then the GST charged is ______.
Rohan bought the following eatables for his friends:
| Soham Sweet Mart: Bill | ||||
| S.N. | Item | Price | Quantity | Rate of GST |
| 1 | Laddu | ₹ 500 per kg | 2 kg | 5% |
| 2 | Pastries | ₹ 100 per kg | 12 pieces | 18% |
Calculate:
- Total GST paid.
- Total bill amount including GST.
An article which is marked at ₹ 1200 is available at a discount of 20% and the rate of GST is 18%. The amount of SGST is ______.
