Mathematics
A wholesaler A sells a machine to a retailer B for ₹ 5,000 and retailer B sells it to a consumer at a profit of ₹ 1,000. If the GST rate is 12%, calculate the tax liability of the retailer B.
Related Questions
A dealer X in Meerut (UP) sold a table for ₹ 12,000 to a consumer in Agra (UP). If the GST rate is 18% calculate.
(i) the IGST
(ii) the CGST
(iii) the SGST
A microwave oven having a market price of ₹ 22,000 was sold by a dealer in Patna (Bihar) to a consumer in Gaya (Bihar) at a discount of 25%. If the rate of GST is 18%, calculate the IGST CGST and SGST charged from the consumer. Also determine the total amount of Bill.
A dealer in Mumbai sold a telescope to an end-user in Bangalore. The marked price of the telescope was ₹ 25000 and the dealer offered a discount of 20%. If the rate of GST is 28%, calculate the IGST, CGST and SGST charged from the end-user. Also determine the total amount of bill.
A dealer purchased a music system from the manufacturing company for ₹ 25000 and sold it to a consumer at a profit of 20%. If the rate of GST is 18%, calculate
(i) the amount of Input CGST and Input SGST for the dealer.
(ii) the amount of GST payable by dealer to the government.
(iii) the amount that the consumer had to pay for the music system.
[Assume that all the transactions take place in the same state]