Question

A shopkeeper bought a laptop at a discount of 25% from a wholesaler,
the printed price of the laptop being ₹40,000. The shopkeeper sells it at a
discount of 10% on the printed price in the same state. If the GST rate is
18% Find the
i) CGST and SGST payable by the shopkeeper
ii) Final amount the customer has to pay.

Answer 1

Answer:

It is a case of intra-state transaction of goods and services

SGST=CGST=

2

1

GST

Given:

Marked price of an article =Rs.50000

Rate of GST =18%

The amount of tax (under GST) received by the State Government

SGST paid by wholesaler +SGST paid by shopkeeper =Rs.4050+Rs.270=Rs.4320