A manufacturer sells a dish washer to a v (i) the total amount of GST received by the central and the state governments on the sale wholesaler for 18000. The wholesaler sells it to a of this dish washer from the manufacturer to the consumer. (ii) the amount paid by the consumer for the dish washer. [Hint: The total GST received by the government is the GST amount on the final price at which the end-user/consumer purchases.]
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Answer:
dealer=Rs.1080+Rs.90=Rs.1170
Step-by-step explanation:
It is a case of intra-state transaction of goods and services
SGST=CGST=
2
1
GST
Given:
Manufacturere sells T.V to a dealer =Rs.18000
Amount of GST collected by manufacturer from dealer
CGST= SGST =6% of 18000
=
100
6
×18000=Rs.1080
So, manufacturere will pay Rs. 1080 as CGST and RS. 1080 as SGST
CP of a TV for dealer =Rs.18000
Profit=Rs.1500
SP of a TV for dealer to costumer − CP + Profit=Rs.18000+Rs.1500=Rs.19500
Amount of GST collected by dealer from customer,
CGST=SGST=6% of Rs.19500
=
100
6
×19500=Rs.1170
∴ Amount of GST received by the State Government
=SGST paid by manufacturer + SGST paid by dealer=Rs.1080+Rs.90=Rs.1170
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