good services are sold from kota to mumbai for rupees 20000 and then from mumbai to pune if the rate of gst 12% on the profit made at mumbai is rupees 5000 find the net gst at pune if the dealer at pune is the end user
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3
Answer:
3000
7400
Step-by-step explanation:
If The Profit made at Mumbai = Rs 5000
Then Net GST at Pune = GST at 20000 + GST at 5000
= (12/100) * 20000 + (12/100)* 5000
= 2400 + 600
= 3000 Rs
If GST paid on Profit at Mumbai = Rs 5000
Then Net GST at Pune = 5000 + GST at 20000
= 5000 + (12/100) * 20000
= 5000 + 2400
= 7400 Rs
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