Question

In an inter-state transaction, goods worth ₹2000 are bought at 40% discount. If GST rate is 28%,
find :
a) the discount and the discounted price.
b) tax levied on the goods
c) total bill amount.

Answer 1

MRP = Rs. 12,000, Discount % = 30%, GST = 18%

Discount = 30% of 12,000 =  

Selling price (discounted value) = 12000 - 3600 = Rs. 8400

CGST = 9% of 8400 = Rs. 756

SGST = 9% of 8400 = Rs. 756

IGST = 0

Amount of Bill = Selling price + CGST + SGST  = 8400 + 756 + 756  = Rs. 9912