Mathematics
A dealer buys an article for ₹6000 from a wholesaler. The dealer sells the article to a consumer at 15% profit. If the sales are intra-state and the rate of GST is 18%, find
(i) input CGST and input SGST paid by the dealer.
(ii) output CGST and output SGST collected by the dealer.
(iii) the net CGST and SGST paid by the dealer.
(iv) the total amount paid by the consumer.
Related Questions
Mr. Bedi visits the market and buys the following articles :
Medicines costing ₹950, GST @ 5%
A pair of shoes costing ₹3000, GST @ 18%
A laptop bag costing ₹1000 with a discount of 30%, GST @ 18%
(i) Calculate the total amount of GST paid .
(ii) The total bill amount including GST paid by Mr. Bedi.
A shopkeeper buys an article from a wholesaler for ₹20000 and sells it to a consumer at 10% profit. If the rate of GST is 12%, find the tax liability of the shopkeeper.
A manufacturer buys raw material worth ₹7500 paying GST at the rate of 5%. He sells the finished product to a dealer at 40% profit. If the purchase and the sale both are intra-state and the rate of GST for the finished product is 12%, find:
(i) the input tax (under GST) paid by the manufacturer.
(ii) the output tax (under GST) collected by the manufacturer.
(iii) the tax (under GST) paid by the manufacturer to the Central and State Governments.
(iv) the amount paid by the dealer for the finished product.
A manufacturer sells a mobile phone. to a dealer for ₹18000 and the dealer sells it to a consumer at a profit of ₹1500. If the sales are intra-state and the rate of GST is 12%, find:
(i) the amount of GST paid by the dealer to the State Government.
(ii) the amount of GST received by the Central Government.
(iii) the amount of GST received by the State Government.
(iv) the amount that the consumer pays for the mobile phone.