Mathematics
A dealer X in Hapur (UP) supplies goods/services, worth ₹ 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 ₹ 20,000. Find :
(i) Output and input taxes for the dealer Y
(ii) Net GST payable by dealer Y.
[The rate of GST at each stage is 28%]
Related Questions
A is a dealer in Banaras (U.P.). He supplies goods/services, worth ₹ 8000 to a dealer B in Agra (U.P.) Dealer B in turn, supplies the same goods/services to a dealer C in Patna (Bihar) at a profit of ₹ 1200. Find the input and output taxes for the dealer C under GST system; if the rate of GST is 18% and C does not sells his goods/services further.
A is a dealer in Meerut (UP). He supplies goods/services, worth ₹ 15000 to dealer B in Ratlam (MP). Dealer B, in turn, supplies the same goods/services to dealer C in Jabalpur (MP) at a profit of ₹ 3000. If the rate of tax (under the GST system) is 18%, find :
(i) 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).
(ii) net tax payable by dealer B.
Consultancy services, worth ₹ 50000 are transferred from Delhi to Kolkata at the rate of GST 18% and then Kolkata to Nainital (with profit = ₹ 20000) at the same rate of GST. Find the output tax at
(i) Delhi
(ii) Kolkata
(iii) Nainital
For a trader, marked price of a refrigerator = ₹ 15,680 exclusive of GST, (GST is 12%). Gagan, a customer for this refrigerator, asks the trader to reduce the marked price of the refrigerator to such an extent that its reduced price plus GST on it is equal to marked price of the refrigerator. Find the required reduction.