Question

1. Fill in the blanks :
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. at station A =
(b) CGST =
SGST =
(c) C.P. 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. at station C =



please solve and answer​

Answer 1

Step-by-step explanation:

Selling price at station A= ₹ 15000

Rate of GST = 12%

a) Selling price at station A is 15000

b) CGST = 6% of 15000 = 900

SGST = 6% of 15000 = 900

c) Since it is an intra state transaction,

CGST = 6% of 15000 = 900

SGST = 6% of 15000 = 900

C. P. = 15000+900+900=₹16800

d) If profit is ₹5000

S.P. at station B = 15000+5000=₹20000

e) GST= 12% of 20000 = 2400

f) C. P. at station C = 20000+2400=₹22400

Answer 2

(a). S.P. at station A = Rs.15000.

(b). CGST = Rs.900. and    SGST = Rs.900.

(c). C.P. at station B = Rs.15000.

(d) S.P. at station B = Rs.20000.

(e). GST = Rs.2400.

(f). C.P. at station C = Rs.20000.

Step-by-step explanation:

Given:

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%,

(a). S.P. at station A = Rs.15000.

    Thus, S.P. at station A is Rs.15000.

(b). $CGST= 15000\times\frac{6}{100\\} =Rs.900.$

    Thus,CGST  is Rs.900.

    $SGST= 15000\times\frac{6}{100\\} =Rs.900.$    

    Thus,  SGST is  Rs.900.

(c). C.P. at station B = Rs.15000.

     Thus,C.P. at station B is Rs.15000.

(d).  As given,If profit = 5,000,

     S.P. at station B $=15000+5000= Rs.20000.$

    Thus, S.P. at station B is Rs.20000.

(e). As given,the same goods/services are moved under inter-state transaction from station B to station C and the rate of tax is 12%.

$GST= 20000\times\frac{12}{100\\} =Rs.2400.$

      Thus,GST is Rs.2400.

(f). C.P. at station C = Rs.20000.

    Thus.,C.P. at station C is Rs.20000.

    #SPJ3