Question

A wholesaler dealer purchased spare parts of scooter. The taxable value prices are Rs 2,50000. he sold the whole lot tova retailer at taxable value of Rs 2,80000. After selling the lot the retailer got a taxable amount of Rs 3,50000. if the rate of gst is 28% how much gst did wholesaler pay? How much gst did he charge for the retailer ? how much of it did he pay to government ?

Answer 1

Answer:

hole scale purchased sqare parts. taxable value =250000 rs

GST =28%     then input tax for retailer at taxable 28% /100  *250000  =70000rs

they shold the retailer at taxable value 280000rs   then GST are 28%      

then output tax for wholesaler  28/100 *280000  =75400rs

GST   output tax  -input tax 78400-70000 =8400rs  

i think these is right

Step-by-step explanation: