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Some goods/services cost Rs. 16,000 and the rate of GST on them is 12%. Find the amount of bill, in case of: (i) intra-state transaction. (ii) inter-state transaction. - Mathematics

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Question

Some goods/services cost Rs. 16,000 and the rate of GST on them is 12%. Find the amount of the bill, in the case of:

  1. intra-state transaction.
  2. inter-state transaction.
Sum

Solution

Cost of goods = Rs 16000

Rate of GST = 12%

(i) Intra-state transaction:

SGST = CGST = `(12/2)` = 6 %

CGST `= (6/100)xx16000` = Rs. 960

SGST = `(6/100)xx16000` = Rs. 960

Amount of bill = 16000 + 960 + 960 = Rs.17920 

(ii) Inter-state transaction:

Cost of goods = Rs 16000

IGST = `12 %  = (12/100)xx16000` = Rs.1920

Amount of bill = 16000 + 1920 = 17920

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Chapter 8: Profit, Loss and Discount - Exercise 8 (F) [Page 104]

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Selina Concise Mathematics [English] Class 8 ICSE
Chapter 8 Profit, Loss and Discount
Exercise 8 (F) | Q 1 | Page 104
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