Question

A manufacturer buys raw material worth Rs. 7500 paying GST at the rate of 5%. He sells the finished product to a dealer at 40% profit. If the product and the sale both are intra-state and the rate of GST for the finished product is 12%, find the tax (under GST) paid by the manufacturer to the central and state governments. ​

Answer 1

Answer:

7500 paying GST at the rate of 5% . He sells the finished product to a dealer at 40% profit . If the Purchase and sale both are intra-state and the rate of GST for the finished product is 12%, find: (i) The output tax paid by the manufacturer

Step-by-step explanation:

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