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Mathematics

For the following transaction from Delhi to Jaipur, fill in the blanks to find the amount of bill :

MRP = ₹ 50,000

Discount = 20%

GST = 28%

Discount = ……………

Discounted value = ……………

CGST = ……………

SGST = ……………

IGST = ……………

Amount of bill = ……………

GST

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Answer

Given,

M.R.P. = ₹50,000

Discount = 20%

∴ Discount = 20100×50000\dfrac{20}{100} \times ₹50000 = ₹ 10000.

Discounted value = ₹ 50000 - ₹ 10000 = ₹ 40000.

Since transactions are inter state hence,

CGST = Nil and SGST = Nil.

IGST = 28%.

∴ IGST = 28100×40000\dfrac{28}{100} \times ₹ 40000 = ₹ 11200.

Amount of bill = Discounted price + IGST = ₹ 40000 + ₹ 11200 = ₹ 51200.

Hence, Discount = ₹ 10000, Discounted value = ₹ 40000, CGST = SGST = ₹ 0, IGST = ₹ 11200, Amount of bill = ₹ 51200.

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