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Mathematics

A shopkeeper bought a machine from a distributor at a discount of 25% of the listed price of ₹32000. The shopkeeper sells the machine to a consumer at listed price. If the sales are intra-state and the rate of GST is 18%, then choose the correct answer from the given four options for questions 7 to 11:

The tax (under GST) received State Government is

  1. ₹5760
  2. ₹4320
  3. ₹1440
  4. ₹2880

GST

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Answer

From Question 7:

Amount of tax(under GST) paid by distributor to the State Government = ₹2160

From Question 9L

The tax (under GST) paid by the shopkeeper to the Central Government = ₹720
As CGST = SGST

The tax (under GST) paid by the shopkeeper to the State Government = ₹720

The tax (under GST) received by State Government = SGST paid by distributor + SGST paid by shopkeeper
= 2160 + 720
= ₹2880

∴ Option 4 is the correct option.

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