Question

14. A dealer in Delhi buys an article for 16000 from a wholesaler in Delhi. He sells the
article to a consumer in Rajasthan at a profit of 25%. If the rate of GST is 5%, find:
(1) the tax (under GST) paid by the wholesaler to Governments.
(ii) the tax (under GST) paid by the dealer to the Government.
(iii) the amount which the consumer pay for the article.​

Answer 1

Step-by-step explanation:

Dealer:

Cp = 16000

As the sales are interstate the GST will go the central government

GST = 5/100×16000

= 800

Consumer:

Cp = 16000

P = 25/100 × 16000

= 4000

total cp = 20000

as the sales are interstate..

GST = 5/100 × 20000

= 1000

1. the tax paid by the wholesaler to the goverments

= 800/2

= 400

Cgst = 400 ; Sgst = 400

2. the tax paid by the dealer to the governments

=> Igst = 1000 - 800 = 200

3. total amt paid by the consumer for the article

= 20000 + 1000

= 21000

Answer 2

Answer:

1. ₹400

2. ₹200

3. ₹21000

Step-by-step explanation:

Dealer:

CP = ₹16000

As the sales are interstate the GST will go the central government

GST = 5/100×16000

= ₹800

Consumer:

CP = ₹16000

P = 25/100 × 16000

= ₹4000

Total CP = ₹20000

As the sales are interstate..

GST = 5/100 × 20000

= ₹1000

1. the tax paid by the wholesaler to the goverments

= 800/2

= ₹400

Cgst = ₹400 ; Sgst = ₹400

2. the tax paid by the dealer to the governments

= Igst = 1000 - 800 = ₹200

3. total amt paid by the consumer for the article

= 20000 + 1000

= ₹21000