Question

shopkeeper in Bihar buys goods worth 50,000 from a manufacturer in Mumbai. If the rate of
GST is 18%, which tax will be levied? Also, find the amount of tax to be paid on the sale.​

Answer 1

Answer:

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