a dealer purchased good worth rs 15000 and sold them for rs 21000 within state if the rate of gst is 12% then the net sgst paid by the dealer is
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Step-by-step explanation:
Given a dealer purchased good worth rs 15000 and sold them for rs 21000 within state if the rate of gst is 12% then the net sgst paid by the dealer is
- So cost price of the goods is Rs 15,000
- Selling price of the goods is Rs 21,000
- Given GST is 12%
- We need to find the net sgst paid by the dealer within the state.
- So we have sgst = 12% of selling price
- = 12 / 100 x 21,000
- = 2520
- Now we have sgst = 12% of cost price
- = 12/100 x 15,000
- = 1800
- Therefore the net sgst paid by the dealer will be
- sgst on costprice – sgst on selling price
- 2520 – 1800
- = Rs 720
Reference link will be
https://brainly.in/question/12900340
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