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
- ₹5760
- ₹4320
- ₹1440
- ₹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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Related Questions
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) paid by the distributor to the State Government is
- ₹4320
- ₹2160
- ₹2880
- ₹720
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) paid by the shopkeeper to the Central Government is
- ₹720
- ₹1440
- ₹2880
- ₹2160
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 price including tax(under GST) of the machine paid by the consumer is
- ₹28320
- ₹37760
- ₹34880
- ₹32000
For an Intra-state sale, the CGST paid by a dealer to the Central government is ₹120. If the marked price of the article is ₹2000, the rate of GST is:
6%
10%
12%
16.67%