MyQuestionIcon

5

You visited us 5 times! Enjoying our articles? Unlock Full Access!

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

No worries! We‘ve got your back. Try BYJU‘S free classes today!

B

₹13240

No worries! We‘ve got your back. Try BYJU‘S free classes today!

C

₹14160

Right on! Give the BNAT exam to get a 100% scholarship for BYJUS courses

D

₹16150.5

No worries! We‘ve got your back. Try BYJU‘S free classes today!

Open in App

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

Suggest Corrections

thumbs-up

1

Similar questions

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.

Q. Dealer A in Jharkhand buys an article for ₹10000 from dealer B in Haryana. If the rate of GST is 18%, find the amount (including GST) paid by dealer A.

Q. Dealer A in Jharkhand buys an article for ₹10000 from dealer B in Haryana. If the rate of GST is 18%, find the amount (including GST) paid by dealer A.

Q. The Marked Price of an article is ₹50,000. A wholeseller sells it to a dealer at 10% discount. The dealer further sells it to a customer at 20% profit. If the rate of GST at each stage is 18%, find the amount of GST(in ₹) paid by the dealer.

Q. The Marked Price of an article is ₹50,000. A wholesaler sells it to a dealer at 10% discount. The dealer further sells it to a customer at 20% profit. If the rate of GST at each stage is 18%, the amount of GST paid by the dealer is ₹_____.

View More

Join BYJU'S Learning Program

similar_icon

Related Videos

lock

SGST and CGST

MATHEMATICS

Watch in App

explore_more_icon

Explore more

Standard X Mathematics

Join BYJU'S Learning Program

CrossIcon