Mathematics
A shopkeeper bought an air conditioner at a discount of 20% from a wholesaler, the printed price of the air conditioner being ₹ 28,000. The shopkeeper sells it to a consumer at a discount of 10% on the printed price. If the GST rate is 18%, find
(i) the CGST and SGST payable by the shopkeeper to the Government.
(ii) the total amount paid by the consumer for the air conditioner.
[Assume that all transactions occurred in the same state]
Related Questions
A wholesaler buys a machine from the manufacturer for ₹ 25,000. He marks the price of the machine 20% above his cost price and sells it to a retailer at 10% discount on the marked price. If the rate of GST is 18% and assuming that all transactions occur within the same state, calculate :
(i) the marked price of the machine.
(ii) retailers cost price inclusive of GST.
(iii) the CGST and SGST payable by the wholesaler to the government.
A manufacturer sells a dish washer to a wholesaler for ₹ 18,000. The wholesaler sells it to a dealer at a profit of ₹ 1,500 and the dealer sells it to a consumer at a profit of ₹ 2,500. If the rate of GST is 12% and assuming that all transactions occur within the same state, calculate:
(i) the total amount of GST received by the central and the state governments on the sale of this dish washer from the manufacturer to the consumer.
(ii) the amount paid by the consumer for the dish washer.
A dealer in Delhi supplied several items to another dealer in Delhi and these items fall into different GST slabs. Find the total amount of bill if the details of the supplied items are as given below:
Item Quantity (No. of pieces) Rate per piece MRP (in ₹) Discount Allowed GST Rate A 40 100 15% 8% B 50 80 20% 12% C 150 40 10% 18% D 160 50 5% 5% A cycle manufacturer in Ghaziabad (UP) sold a cycle to a dealer in Agra (UP) for ₹ 16,000. This cycle was then sold to a dealer in Ujjain (M.P) for ₹ 17,500. If the GST rate for cycle is 12%, calculate
(i) the net GST payable at Agra
(ii) Input Tax Credit for the dealer in Ujjain