Dealer A the list price of an article is 27000 which he sells to dealer B at some lower price for the dealer B sells the same article to a customer at its list price if the rate of GST is 8% and dealer be paid Tax under GST equal to 1944 to the government find the amount paid by dealer B
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Step-by-step explanation:
llMrTeddyll
Step-by-step explanation:
Let dealer A sell to dealer B at Rs. x lower price.
Then from the question,
Net Tax paid by dealer B is
⇒ Output tax – Input Tax = Rs. 324
⇒ 18% of 9000 – 18% of (9000 – x) = 324
⇒ 1620 – 1620 + 18% of x = 324
⇒ x = 1800
Therefore, the selling price of B = 9000 – 1800 = Rs. 7200
And,
The amount (inclusive of GST) paid by dealer B
= 7200 + 18% of 7200
= 7200 + 1296
= Rs. 8496
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