A dealer In odisha sells good worth Rs . 60,000 to a dealer in Bihar is the rate of GST is 18% calculate the cost of goods for dealer in Bihar which government will get the GST ,Odisha, Bihar or central government
Answers
Central Government will get the GST
1) When GST is added to any product then that tax will go to the central government first then it will be distributed to the state government which is selling the product.
2) So after the central government the text is distributed to the state government of Odisha.
Cost of goods for dealer in Bihar =
Step-by-step explanation:
Since we have given that
Total price = Rs. 60000
Rate of GST = 18%
There are 3 individuals who get the amount of GST equally.
So, Rate of each individuals' GST=
So, Amount of Gst each gets would be
cost of goods for dealer in Bihar =
# learn more:
a dealer in Karnataka sells goods to a customer in Karnataka worth Rs 20,000 if rate GST is 10% find the shares of GST for both state and Central Government
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