Question

a dealer in patna ( bihar) supplies goods worth rs 15000 to a dealer in sonepat .The dealer in sonepat supplies the same goods to a dealer in rohtak at a profit of rs 3000 if the rate of the GST is 18% find i) the cost of the goods to the dealer in rohtak is . ii) net gst paid by the dealer in sonepat is

Answer 1

Answer:

For the dealer A (intra-state transaction)

SP = Rs. 8,000

For the dealer B (intra-state transaction)

CP = Rs. 8,000

CGST = 9% of 8,000 = Rs. 720

SGST = 9% of 8,000 = Rs. 720

Given profit = Rs. 1,200

SP = Rs. 9,200

For the dealer C (inter-state transaction)

CP = Rs. 9,200

IGST = 18 % of Rs. 9,200 = 18/100 x 9200 = Rs 1656

Input Tax = Rs. 1,656

As the dealer in Patna does not sell the product.

Thus, the output GST (tax on sale) = Rs. 0