Question

krishna electrical had bought a TV from a whole seller at Rs36000 the market price on it in Krishna electrical was rupees 50000 if it was sold to Kalyan deshmuk at 10% discount, calculate the input GST and output GST for Krishna electrical if the rate of GST is 18%

Answer 1

Answer:

Step-by-step explanation: Cost price of TV is 36000+Input GST (18%)

Total C.P. including GST=36000+(36000*18)/100=42480;

Input GST=6480;

Selling price is 50000 -10% discount;

S.P.=50000-(50000*10)/100=45000;

Total S.P. Including output GST=45000+18% of 45000=45000+8100=53100;

output GST=8100;