. X a dealer at Mumbai purchased goods from dealer Y of Mumbai for Rs. 13,50,000
including VAT @ 12.5%. X earns a profit @ 25% on the cost and sold the same goods to a
retailer Z. Compute the amount of VAT payable by X.
Answers
Answered by
0
Answer:
MRP = Rs. 12,000, Discount % = 30%, GST = 18%
Discount = 30% of 12,000 = Selina-concise-mathematics-part-ii Solutions Icse Class 10 Mathematics Chapter - Gst Goods And Services Tax
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
Explanation:
Ch -1 (GST)right
Similar questions