An expensive wrist watch was being sold at ₹5824 in Delhi. The watch had been brought from Jaipur(Rajasthan) at ₹5200. What was the IGST% charged? (Assume no additional profit is being made in Delhi sale)
A
18%
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B
12%
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C
28%
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D
9%
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Solution
The correct option is B 12% Let the rate of IGST charged be x% The difference in the price of the watch in the inter state transaction = ₹5824 - ₹5200 = ₹624 x100×5200 = ₹624 ⇒ x = 624×1005200 = 12%