A dealer in Karnataka sells 20 items each costing ₹260 to another dealer in Karnataka at a discount of 20%. If the rate of GST is 18%, calculate i) Total discount offered ii) Selling Price iii) CGST iv) SGST v) Total GST.
Answers
Answered by
2
Answer:
RS. 9912
Step-by-step explanation:
MRP = Rs. 12,000, Discount % = 30%, GST = 18%
Discount = 30% of 12,000 =
Selling price (discounted value) = 12000 - 3600 = Rs. 8400
CGST = 9% of 8400 = Rs. 756
SGST = 9% of 8400 = Rs. 756
IGST = 0
Amount of Bill = Selling price + CGST + SGST = 8400 + 756 + 756 = Rs. 9912
Similar questions