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SGST and CGST

A dealer A in...

Question

A dealer A in Jharkhand buys an article for ₹10000 from a dealer B in Haryana. A sells this article for ₹12000 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

₹15560

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B

₹13240

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C

₹14160

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D

₹16150.5

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Solution

The correct option is C ₹14160
The transaction between B and C is a case of intra-state transaction :
CP for C = ₹12000
Rate of CGST = Rate of SGST = $\frac{18}{2}$ = 9%
CGST = 9% of ₹12000 = ₹1080
SGST = 9% of ₹12000 = ₹1080
Total Price paid by C = CP + (CGST + SGST) = ₹12000 + (₹1080 + ₹1080)
= ₹14160

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