Question

A dealer in Meerut (UP).He supplies goods/services worth Rs.15000 to a dealer B in Ratlam (MP). Dealer B, in return supplies the same goods/services to dealer C in Jabalpur (MP) at a profit of Rs.3000. If the rate of tax (under GST system) is 18% , find:–

• The cost of goods/services to the dealer C in Jabalpur.
• Net payable by dealer B.
─━─━─━─━─━─━──━─━─━

Don't spam ( ◜‿◝ )♡​

Answer 1

$\huge\mathcal{\fcolorbox{cyan}{black}{\pink{Answer࿐}}}$

• 21240 Rs is The cost of goods/services to the dealer C in Jabalpur.
• Net tax payable by dealer B = Rs 540

Explanation

Given

• A is a dealer in Meerut (U.P.). He supplies goods/services, worth Rs. 15,000 to a dealer B in Ratlam (M.P.)

• Selling price without GST = 15000

Now

• 18% IGST = (18/100) 15000 = Rs 2700

• Cost including GST = 15000 + 2700 = 17700

&

• Dealer B, Sales at a profit of Rs. 3000

Therefore

• Selling price without GST = 15000 + 3000 = Rs 18000

• CGST = SGST = (9/100) * 18000 = 1620 Rs

• Cost to Dealer = 18000 + 1620 + 1620

• = 21240 Rs

So

• Net tax payable by dealer B = 1620 + 1620 - 2700

• = 540 Rs

✧══════•❁❀❁•══════✧

${\huge{\blue{\texttt{\orange T\red h\green a\pink n\blue k\purple s\red}}}}$