Washing machine setup cost of 11000 b and b cells to c cells to be gst 28% and the profit is rupees 1500 at each stage of selling chain find the total gst the price including gst paid for washing machine
Answers
Answer:i) Rs 900 (ii) Rs 1620 (iii) Rs 32256
Step-by-step explanation:
(i) To the wholesaler:
S.P of the washing machine = Rs 15000
GST = 12% of Rs 15000
Tax under GST received by the state government by the wholesaler = 6% of 15000
= (6 ÷ 100) x 15000
= Rs 900
(ii) Wholesaler sells the washing machine at a profit of Rs 12000
S.P of the washing machine to the trader = 15000 + 12000
= Rs 27000
Tax under GST received by the central government by the trader = 6% of 27000
= (6 ÷ 100) x 27000
= Rs 1620
(iii) Trader sells the washing machine to the consumer at a profit of Rs 1800
S.P of the washing machine to the consumer = 27000 + 1800
= Rs 28800
Taxes = 12% of 28800
= (12 ÷ 100) X 28800
= Rs 3456
Therefore, the total amount paid by the consumer for the washing machine = 28800 + 3456
= Rs 32256