a manufacture sells a tv to a dealer for18000 and dealer sells it to customer at a profit of 1500 sales are intra state and rate is 12% find the amount of gst paid by state govt.
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Answered by
31
Answer:
Rs 90
Step-by-step explanation:
A manufacture sells a tv to a dealer for18000 and dealer sells it to customer at a profit of 1500 sales are intra state and rate is 12% find the amount of gst paid by state govt.
As transaction is intra State so Dealer need to pay net SGST to State govt
As he sold at a profit of Rs 1500
So he is liable to pay GST on Rs 1500 only ( for Rest Amount he will get input credit as Tak rate is same)
12 % GST = 6% CGST + 6% SGST
Amount Paid to state govt = 6% of 1500
the amount of gst paid to state govt. = Rs 90
= (6/100) * 1500
= Rs 90
Answered by
7
the ans will be rupees 90.(12% of the profit)
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