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A is a dealer in Meerut (U.P.). He supplies goods/services, worth Rs. 15,000 to a dealer Bin 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%, find1. The cost of goods/services to the dealer C in Jabalpur.ii. Net tax payable by dealer B. |
Answer» 21240 Rs is The cost of goods/services to the dealer C in Jabalpur , Net tax payable by dealer B = Rs 540Step-by-step EXPLANATION: A is a dealer in Meerut (U.P.). He supplies goods/services, worth Rs. 15,000 to a dealer B in Ratlam (M.P.) Selling price WITHOUT GST = 15000 18% IGST = (18/100) 15000 = Rs 2700 Cost INCLUDING GST = 15000 + 2700 = 17700 Dealer B, SALES at a profit of Rs. 3000 Selling price without GST = 15000 + 3000 = Rs 18000 CGST = SGST = (9/100) * 18000 = 1620 Rs Cost to Dealer = 18000 + 1620 + 1620 = 21240 Rs Net tax payable by dealer B = 1620 + 1620 - 2700 = 540 Rs Learn more: a toy is purchased at rs. 1320 including 5%SGST and 5% CGST. the ... The printed price of an article is 40000. A wholesaler in Uttar ... |
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