IGST

Q. A product is sold from Kannauj(UP) to Banaras(UP) for ₹12000 and then from Banaras to Ranchi(Jharkhand) at a profit of ₹4000. If the rate of GST is 18% , find the net GST payable at Banaras.

1. ₹540
2. ₹680
3. ₹720
4. ₹840

Q. Goods worth ₹40000 are transferred from Kolkata to Chennai at a GST rate of 12% and then from Chennai to Ahmedabad (with profit of ₹10000) at the same rate of GST. Find the Net Tax liability of the dealer at Chennai.

1. ₹980
2. ₹1200
3. ₹1800
4. ₹2400

Q.

IGST is the tax imposed by Central Government on inter state trading.

1. True

2. False

Q. Goods worth ₹40000 are transferred from Kolkata to Chennai at a GST rate of 18% and then from Chennai to Ahmedabad (with profit of ₹10000) at the same rate of GST. Find the Net Tax liability of the dealer at Chennai.

1. ₹3600
2. ₹2400
3. ₹900
4. ₹1800

Q. Find the bill amount for the following inter-state transaction of services provided by a consulting agency.
$\begin{array}{ccccc}\text{Cost of Service (in Rs.)}& 10000& 20000& 24000& 8000\\ \text{GST}\%& 18& 12& 12& 5\end{array}$

1. ₹67680
2. ₹68200
3. ₹68880
4. ₹69480

Q. A box containing 200 bats was to be sent from Kerala to Maharashtra. The GST on it was 12%. If the total GST paid was ₹360, what was the price of the box?

1. ₹3000
2. ₹2400
3. ₹3600
4. ₹4500

Q. There is a slight confusion regarding GST in the Border areas of Bihar. For the goods being sold across the state, GST is being levied but everything is going to the Central government. What is the GST being levied here?

1. CGST
2. IGST
3. SGST
4. No GST being charged

Q. A dealer A in Jharkhand buys an article for ₹1100 from a dealer B in Haryana. A sells this article for ₹1200 to a dealer C in the same state. If the rate of GST at each stage is 18%, find the price(including GST) paid by the dealer A.

1. ₹1180
2. ₹1358
3. ₹1298
4. ₹1190

Q. A dealer A in Jharkhand buys an article for ₹1000 from a dealer B in Haryana. A sells this article for ₹1200 to C in the same state. If the rate of GST at each stage is 18%, find the price(including GST) paid by C.

1. ₹1402
2. ₹1434
3. ₹1416
4. ₹1464

Q. 15 busses ply between Hyderabad and Tirupathi. The number of ways can a man go to Tirupathi from Hyderabad by a bus and return by a different bus is

1. 150
2. 210
3. 15
4. 225

Q. For the given Inter-state transactions, find the total amount of bill when GST rate is 12%.
$\begin{array}{cccc}\text{Quantity (No. of Items)}& 40& 50& 45\\ \text{MRP of each item (in Rs.)}& \text{500}& \text{600}& \text{400}\\ \text{Discount}\%& 15& 10& 20\end{array}$

Q. A bike dealer sent a bike from Rajasthan to Madhya Pradesh at an overall GST rate of 12%. If the MP of the bike was ₹72500 , find the SGST that was charged.

1. ₹11880
2. ₹8700
3. ₹0
4. ₹12448

Q. If the CGST in an inter state transaction is 0% and the IGST is 12% , then the total GST payable on an article worth ₹35000 is:

1. ₹4200
2. ₹4600
3. ₹4800
4. ₹4400

Q. A box containing 200 footballs was to be sent from Kerala to Maharashtra. The GST on it was 18%. If the total GST paid was ₹540, what was the price of the box?

1. ₹6000
2. ₹2000
3. ₹3000
4. ₹5000

Q. The tax invoice of a telecom service in Bangalore shows the cost of services provided by it as ₹ 800. If the GST rate is 18%, then the amount of bill to be paid is _____

1. ₹144
2. ₹944
3. ₹800
4. ₹844

Q. Find the amount of bill for the following inter-state transaction of goods/services. The GST rate is 18%.

$\begin{array}{cccc}\text{Quantity (No. of Items)}& 35& 45& 20\\ \text{MRP of each item (in Rs.)}& 400& 600& 250\\ \text{Discount}\%& 10& 10& 20\end{array}$

Q. If there is an IGST component in input tax , then first it is adjusted with the in output tax.

1. IGST
2. CGST
3. SGST

Q. An expensive wrist watch was being sold at ₹5824 in Delhi. The watch had been brought from Jaipur(Rajasthan) at ₹5200. What was the IGST% charged? (Assume no additional profit is being made in Delhi sale)

1. 12%
2. 9%
3. 18%
4. 28%

Q. The IGST amount in the following transaction, if amount and GST rate are as given in the diagram is .

1. ₹4200
2. ₹2100
3. ₹2800
4. ₹3500

Q. There is a company which provides different services in different states at different GST rates. Find the total amount being charged by them using data from the given table:
$\begin{array}{ccccc}\text{Cost of sevice(in Rs.)}& 5000& 6000& 4500& 7500\\ \text{GST}\%& \text{12}& \text{18}& \text{12}& \text{18}\end{array}$

1. ₹26234
2. ₹26570
3. ₹27234
4. ₹26680

Q. For the given Inter-state transactions, find the total amount of bill when GST rate is 12%.
$\begin{array}{cccc}\text{Quantity (No. of Items)}& 40& 50& 45\\ \text{MRP of each item (in Rs.)}& \text{500}& \text{600}& \text{400}\\ \text{Discount}\%& 15& 10& 20\end{array}$

1. ₹65408
2. ₹64508
3. ₹65088
4. ₹65804

Q.

The weekly expenses (₹) of 30 students of a class are given below: 62 , 80 , 110 , 75 , 84 , 73 , 60 , 62, 100 , 87 , 78 , 94 , 117, 86, 65, 68, 90, 80, 118 , 72, 95, 72, 103, 96, 64, 94, 87, 85, 105, 115. Which among the given options is the correct frequency table (with class intervals 60 - 70)?

1. $\begin{array}{cc}PocketExpense& NumberofStudents\\ 60-70& 6\\ 70-80& 5\\ 80-90& 7\\ 90-100& 5\\ 100-110& 3\\ 110-120& 4\end{array}$

2. $\begin{array}{cc}Weeklyexpenses& NumberofStudents\\ 60-70& 6\\ 70-80& 5\\ 80-90& 5\\ 90-100& 3\\ 100-110& 3\\ 110-120& 4\end{array}$

3. $\begin{array}{cc}Weeklyexpenses& NumberofStudents\\ 60-70& 6\\ 70-80& 5\\ 80-90& 7\\ 90-100& 3\\ 100-110& 3\\ 110-120& 4\end{array}$

4. $\begin{array}{cc}Weeklyexpenses& NumberofStudents\\ 60-70& 6\\ 70-80& 5\\ 80-90& 5\\ 90-100& 5\\ 100-110& 7\\ 110-120& 4\end{array}$

Q. Cost of 5 apples is ₹ 45, 6 oranges is ₹ 36 and the cost of 10 bananas is ₹ 100. Find the total cost of two of each fruit.

1. ₹30
2. ₹32
3. ₹36
4. ₹40

Q. A from Tamilnadu bought an item from B who stays in the same state and resold it into C from Kerala. Then IGST comes between .

1. A & B
2. A & C
3. C & B

Q. A(of Delhi) purchased car for ₹$200000$ from P(of Bihar) at a GST rate of 28% and sold to M(of Kerala) for ₹$250000$ at 28%.

1. ₹0
2. ₹56000
3. ₹21000

Q. The CGST amount in the following transaction, if amount and GST rate are as given in the diagram is .

1. ₹2450
2. ₹2540
3. ₹4900
4. ₹5240

Q. Arati bought a toy for taxable value of ₹ 650. A GST is charged at 5%. What is the amount of CGST and SGST in the tax invoice ?

1. ₹16.25
2. ₹33
3. ₹17
4. ₹34

Q. Kiran (of Kerala) bought a car from a trader of Karnataka and paid tax of ₹ 10000. He paid this tax as .

1. CGST
2. SGST
3. IGST

Q. A product was sold to the consumer for taxable value of ₹512. GST charged is 5%. What is the amount of CGST and SGST in the tax invoive? What is the total amount paid by the consumer?
[2 Marks]

Q. Shri. Aditya Sanghavi invested ₹50, 118 in shares of FV ₹100, when the market value is ₹50. Rate of brokerage is 0.2% and rate of GST on brokerage is 18%, then how many shares were purchased for ₹50, 118?

1. 1000
2. 500
3. 2000
4. 1500