Question

An article is sold from Jaipur (Rajasthan) to Indore (M.P.) for 5,000 and then
from Indore to Bhopal (M.P.). If the rate of tax under GST system is 18% and
the profit made by the dealer in Indore is * 2,000, find :
(1) Net GST payable by the dealer in Indore.
(ii) C.P. for the dealer in Bhopal.
(Assume that the dealer in Bhopal is the end-user).​

Answer 1

interstate Jaipur is 5000 Indore MP 5000 plus 200 Bhopal MP first one I GST is equal to 18 % 18 18 by 100 into 5,000 is equal to 900

2nd one

cgst is equal to 9% 9 by hundred into 7000 is equal to 630 is GST is equal to 630 by 1260 s

second answer 8260 is CP

third one

tax liability is equal to tax collected

=1260 - 9000

=rupees 360

Answer 2

Ans i) 360 rupees

Ans ii) 8,260 rupees