Question

An article is sold from Jodhpur(Rajasthan) to Indore(MP) for ₹ 8000 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 ₹2000 , then find the Net GST payable by the dealer in Indore.

• A. ₹180
• B. ₹120
• C. ₹240
• D. ₹150

Answer 1

The correct option is C ₹240

SP in Jodhpur = ₹8000
IGST = 12% of ₹8000 = $\frac{12}{100}\times 8000$ = ₹960
CP in Indore = ₹8000 and Profit = ₹2000
SP in Indore = 8000 + 2000 = ₹10000
CGST = 6% of ₹10000 = ₹600
SGST = 6% of ₹10000 = ₹600
$\therefore$ Net GST payable by the dealer in Indore = Output GST - Input GST
= ₹600 + ₹600 - ₹960 = ₹240