Question

A dealer in U.P. supplies goods worth
Rs 5000 to a dealer in Meerut
(U.P.). The dealer in Meerut
suppliesthe same goods to a dealer in
Delhi at a profit of Rs 2000. Find the
cost of goods in Delhi as per GST
system. The rate of GST is 18%.
(3 Points)​

Answer 1

Given : A dealer in U.P. supplies goods worth  Rs 5000 to a dealer in Meerut  (U.P.). The dealer in Meerut  suppliesthe same goods to a dealer in  Delhi at a profit of Rs 2000

To Find : cost of goods in Delhi as per GST  system

Solution:

Price = 5000

Merrut in UP Hence intra state transaction

SGST = CGST = GST/2 = 18/2 = 9 %

CGST = SGST = (9/100) * 5000  = Rs 450

Selling Price inclusive GST  = 5000 + 450 + 450 = 5900 Rs

Sold at profit of Rs 2000

interstate transaction UP & Delhi

Price  = 5000 + 2000 = Rs 7000

IGST = (18/100) *  7000 = Rs 1260

cost of goods in Delhi   = 7000 + 1260  = Rs 8260

Learn More:

i) The discount of 15% was given on the printed price Rs. 32,000 of ...

https://brainly.in/question/13743789

A dealer supplied automobile spare parts worth 700000 in interstate ...

https://brainly.in/question/12596761

Explain the term GST its advantages and disadvantages .tax slab of ...

https://brainly.in/question/3783188