Question

An article is sold from Jodhpur(Rajasthan) to Indore(MP) for ₹ 800 and then from Indore to Bhopal(MP). If the rate of tax under GST is 12% and the Profit made by the dealer in Indore is ₹200 , then find the Net GST payable by the dealer in Indore.

• A. ₹24
• B. ₹36
• C. ₹48
• D. ₹12

Answer 1

The correct option is A ₹24

SP in Jodhpur = ₹800
IGST = 12% of ₹800 = $\frac{12}{100}\times 800$ = ₹96
CP in Indore = ₹800 and Profit = ₹200
SP in Indore = 800 + 200 = ₹1000
CGST = 6% of ₹1000 = ₹60
SGST = 6% of ₹1000 = ₹60
$\therefore$ Net GST payable by the dealer in Indore = Output GST - Input GST
= (₹60 + ₹60) - ₹96 = ₹24