Question

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.

• A. ₹1434
• B. ₹1402
• C. ₹1416
• D. ₹1464

Answer 1

The correct option is C ₹1416

The transaction between B and C is a case of intra-state transaction :
CP for C = ₹1200
Rate of CGST = Rate of SGST = $\frac{18}{2}$ = 9%
CGST = 9% of ₹1200 = ₹108
SGST = 9% of ₹1200 = ₹108
Total Price paid by C = CP + (CGST + SGST) = ₹1200 + (₹108 + ₹108)
= ₹1416