Question

7. A manufacturer buys raw materials worth * 8,000 paying GST at the rate of 5%. He sells the
finished product to a dealer at a profit of 25%. The GST charged for the finished product is 12%.
Find the net GST paid by the manufacturer to the government if the sale is intra-state.​

Answer 1

Answer:

what is your question?

Step-by-step explanation:

i don't know

Answer 2

Answer:

Cost price of the raw material = Rs. 3000

Selling price of the raw material = Rs. 5000

Value added by the manufacturer = 5000 - 3000 = Rs. 2000

Rate of VAT = 4%

VAT paid by the manufacturer = 4% of Rs.

2000= 4/100×2000= 80