a wholesaler A sellers a machine to a retailerB for 5000 and the retailer B sells it to a consumer at a profit of 1000.if the GST rate is 12%, calculate the tax liability of the retailer B
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Machine:
A sells to B at Rs 5000
B Sells to Cat Rs 5000+1000 =
6000
GST paid by retailer-=6ooox 12/100 = Rs 720
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