14. IGST paid by Shopkeeper Rs ?
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Step-by-step explanation:
The price inclusive of tax (under GST) at which the wholesaler bought the article
CP of an article for shopkeeper =Rs.24000
Rate of GST =12%
IGST collected by wholesaler from shopkeeper =12% of Rs.24000
=(12/100)×24000=Rs.2880
The price inclusive of tax (under GST) at which the wholesaler bought the article = CP of article for shopkeeper + IGST paid by shopkeeper to wholesaler =Rs.24000+Rs.2880=Rs.26880
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