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Question
A shopkeeper sells an A.C. to Ms. Alka for ₹ 31,200 including GST at the rate of 28%. If the shopkeeper and Ms. Alka both are from the same city, find for the shopkeeper:
- total amount of GST
- taxable value of A.C.
- amount of CGST
- amount of SGST
Solution
Given: Selling price of an AC = ₹ 31200
Rate of GST = 28%
Suppose the Taxable value of an AC = ₹ x
∴ S.P = Taxable value + GST
31200 = ₹ x + 28% of ₹ x
31200 = `₹ x + (28x)/100`
`\implies` 31200 = `(128x)/100`
x = `31200 xx 100/128`
∴ x = ₹ 24375
i. Total Amount of GST = ₹ 24375 × 28%
= `₹ 24375 xx 28/100`
= ₹ 6825
ii. Taxable value of AC is ₹ 24375.
iii. Given, GST = 28%
∴ CGST = 14%
`\implies 14/100 xx 24375` = ₹ 3412.50
Hence, CGST = ₹ 3412.50
iv. Given, GST = 28%
∴ SGST = 14%
`\implies 14/100 xx 24375` = ₹ 3412.50
Hence, SGST = ₹ 3412.50
RELATED QUESTIONS
For the following transaction from Delhi to Jaipur, fill in the blanks to find the amount of bill:
MRP = Rs. 50,000
Discount % = 20%
GST = 28%
Discount = ______
Selling price (discounted value) = ______
CGST = ______
SGST = ______
IGST = ______
Amount of bill = ______
Find the amount of bill for the following intra-state transaction of goods/services. The GST rate is 5%.
| Quantity (No. of items) |
MRP of each item (in Rs.) |
Discount % |
| 36 | 450 | 10 |
| 48 | 720 | 20 |
| 60 | 300 | 30 |
| 24 | 360 | 20 |
Find the amount of bill for the following inter-state transaction of goods/services. The GST rate is 18%.
| Quantity (no. of items) | 35 | 47 | 20 |
| MRP of each item (in Rs.) | 420 | 600 | 350 |
| Discount % | 10 | 10 | 20 |
A dealer in Mumbai supplied an item at the following prices to a dealer in Delhi. Find the total amount of the bill.
| Rate per piece (in Rs.) | Quantity (no. of pieces) | Discount % | SGST % |
| 180 | 10 | Net | 9 |
| 260 | 20 | 20 | 9 |
| 310 | 30 | Net | 9 |
| 175 | 20 | 30 | 9 |
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- the net GST payable by the dealer at Kanpur.
- the cost of goods/services at Jaipur.
A is a dealer in Meerut (U.P.). He supplies goods/services, worth Rs. 15,000 to a dealer B in Ratlam (M.P.). Dealer B, in turn, supplies the same goods/services to dealer C in Jabalpur (M.P.) at a profit of Rs. 3000. If rate of tax (under GST system) is 18%, find:
- The cost (excluding GST) of goods/services to the dealer C in Jabalpur (assuming that the dealer C does not sell the goods/services further).
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A dealer X in Hapur (U.P.) supplies goods/services, worth Rs. 50,000 to some other dealer Y in the same city. Now the dealer Y supplies the same goods/services to dealer Z in Calcutta at a profit of Rs. 20,000. Find:
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- Net GST payable by dealer Y.
[The rate of GST at each stage is 28%].
A is a manufacturer of T.V. sets in Delhi. He manufacturers a particular brand of T.V. set and marks it at Rs. 75,000. He then sells this T.V. set to a wholesaler B in Punjab at a discount of 30%. The wholesaler B raises the marked price of the T.V. set bought by 30% and then sells it to dealer C in Delhi. If the rate of GST = 5% find tax (under GST) paid by wholesaler B to the government.
For a trader, the marked price of a refrigerator = ₹ 15680 exclusive of GST (GST is 12%). Gagan, a customer for this refrigerator, asks the trader to reduce the price of the refrigerator to such an extent that its reduced price plus GST is equal to the marked price of the refrigerator. Find the required reduction.
For an Intra-state sale, the CGST paid by a dealer to the Central government is ₹ 120. If the marked price of the article is ₹ 2000, the rate of GST is ______.
