Question

please solve this....class 9​

Answer 1

A sewing machine manufacturing purchases

raw materials worth 5,40,000 for his

manufacturing unit from outside the state. The

rate of IGST is @ 12%. He produced two types

of sewing machine, 50 type A whose base price is

5000, GST @ 12% and 100 type B whose base price

is 10,000, GST @ 18%. He had two clients outside

the state and received orders for 10 type A and 20 type

B only by client X, 10 each by client Y. Find

(i) input GST,

(ii) Output GST

(iii) GST payable/credit

ANSWER

Input GST will be equal to the percentage IGST on material= (12*5,40,000)/100

=12*5400

=Rs 64800

Output GST will be equal to the percentage of goods sold

total type A machine sold=10+10

=20

OGST on type A machine=(12*20*5000)/100

=12000

total type B machine sold= 20+10

=30

OGST on type B machine=(18*30*10000)/100

=54000

Total OGST = OGST on type A + OGST on type B

=12000+54000

=Rs 66000

GST payable= OGST-IGST

=66000-64800

=Rs 1200

Hope it helps.

Ask a doubt if you have any.

Btw I had this question last year in my ICSE 10th Mathematics lesson 1 GST