02. Good worth Rs 10,000 are sold by manufacturer A in Maharashtra to a dealer B in Maharashtra.
Dealer B resells them to a Trader C in Rajasthan for Rs 17,500.
Trader C finally sells them to end user D in Rajasthan for Rs 30,000.
Applicable tax rates for goods sold are CGST = 9%, SGST= 9% & IGST= 18%
Draw a flow chart/ diagram to indicate the taxes payable by all 4 people at their respective stages of
buying and selling the goods in the entire transaction.
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Since GST is a destination based tax, an end user consuming any goods or services is liable to pay the Goods and Services Tax. The tax is received by the State in which the goods or services are consumed and not by the state in which such goods are manufactured. In cases of exports, the seller of the goods or services is exempted from paying the tax
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Step-by-step explanation:
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