A shopkeeper buys an article from a manufacturer for 12000 and marks up it price 25%. The shopkeeper gives a discount of 10% on the marked up price and he give further off-season discount of 5% on the balance to a customer of T.V. If the sales intra-state and the rate of GST is 12%, find: (i) the price inclusive of tax (under GST) which the consumer pays for the T.V. (ii) the amount of tax (under GST) paid by the shopkeeper to the State Government. (iii) the amount of tax (under GST) received by the Central Government.
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Your answer is - 50
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