Question

M/s auto aid ,delhi purchased 500 pieces of car horns @тВ╣ 200 each less 10% trade discount plus IGST@ 12% from m/s auto horns , Chandigarh. What is the invoice value

Answer 1

invoive value = purchases - trade  discount +IGST 
                      
Purchase =(500*200)
                 =100000

taxable value = purchases - trade discount 
                       = 100000-(100000*10%)
                        =90000

invoice value = taxable value + IGST
                        (90000*12%)+90000
                        =90000+10800

  invoice value  = 100800


Hope its useful ....!!!!!!!!!

Answer 2

refer to the above attachment