11. There are three dealers A, B and C in Maharashtra.
Suppose, the trade of each of them in september
2018 was as shown in the following table. The
rate of GST on each transaction was 5%. Read
the table and answer the questions below it.
Tax
GST GST paid
Tax
balance
collected at the
paid
Dealer
with
on the time of to the
the
sale purchase Govt.
Govt.
5000 36000 5000 0 1000
5000 4000 4000 1000 0
5000 5000 5000 0 0
ITC
B
C
(i) What was the total amount of sale of the articles
by the dealer A? (ii) For how much amount did
the dealer B buy the articles? (iii) How much is
the balance of CGST and SGST left with the
government that was paid by A?
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Answer:
Hi mate..... First solve it urself and send answer I'll ☑ check.....
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