A dealer buys an air conditioner marked at ₹ 45,000, at a discount of 20%. He sells it to the
customer at a discount of 10%. If the transactions are in the same state and rate of GST is
28%, find the SGST payable by the dealer to the State Government on the sale of the air
conditioner.
Answers
Given : A dealer buys an air conditioner marked at ₹ 45,000, at a discount of 20%.
He sells it to the customer at a discount of 10%.
the transactions are in the same state and rate of GST is 28%,
To find : the SGST payable by the dealer to the State Government on the sale of the air conditioner.
Solution:
dealer buys an air conditioner marked at ₹ 45,000, at a discount of 20%.
Buying price for dealer = 45000 - (20/100)45000 = Rs 36000
SGST = CGST = GST/2 = 28/2 = 14 %
SGST paid by dealer = (14/100) 36000 Rs
Dealer sells it to the customer at a discount of 10%. = 45000 - (10/100)45000 = 40500 Rs
SGST received by dealer = (14/100) 40500 Rs
the SGST payable by the dealer to the State Government
= (14/100) 40500 - (14/100) 36000
= (14/100)4500
= 14 * 45
= 630 Rs
the SGST payable by the dealer to the State Government on the sale of the air conditioner. = 630 Rs
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Step-by-step explanation:
A dealer buys an air conditioner marked at ₹ 45,000, at a discount of 20%. He sells it to the
customer at a discount of 10%. If the transactions are in the same state and rate of GST is
28%, find the SGST payable by the dealer to the State Government on the sale of the air
conditioner.