Mathematics
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When the goods/services are sold for ₹ 15,000 under intra-state transaction from station A to station B and the rate of GST is 12%.
As per GST system
(a) S.P. (excluding GST) at station A = ……….
(b) CGST = …………….
SGST = …………….
(c) C.P. (excluding GST) at station B = …………
(d) If profit = ₹ 5,000
S.P. at station B = ………….
Now the same goods/services are moved under inter state transaction from station B to station C and the rate of tax is 12%.
(e) GST = ……….
(f) C.P. (excluding GST) at station C = ……….
GST
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Answer
When the goods/services are sold for ₹ 15000 under intra-state transaction from station A to station B and the rate of GST is 12%.
As per GST system
(a) S.P. (excluding GST) at station A = ₹ 15000
(b) CGST = 6% of 15000 = = ₹ 900
SGST = 6% of 15000 = = ₹ 900.
(c) C.P. (excluding GST) at station B = ₹ 15000
(d) If profit = ₹ 5000
S.P. at station B = ₹ 15000 + ₹ 5000 = ₹ 20000.
(e) GST = 12% of ₹ 20000 = = ₹ 2400.
(f) C.P. (excluding GST) at station C = ₹ 20000.
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