If the CGST in an inter state transaction is 0% and the IGST is 12% , then the total GST payable on an article worth ₹35000 is:

₹4400

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

₹4200

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

₹4600

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

₹4800

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

Open in App

Solution

The correct option is B ₹4200
In case of inter-state transaction , IGST = Total GST being paid.
$∴$ 12% of ₹35000 = $\frac{12}{100} \times 35000$
= ₹4200
Hence the total GST payable on an article worth ₹35000 is ₹ 4200

Suggest Corrections

Similar questions

2018		₹
Jan. 1	Started business with cash*	1,00,000
Jan. 3	Bought goods on credit from Gupta & Co., Delhi	20,000
Jan. 5	Cash sales	5,000
Jan. 8	Cash purchases	8,000
Jan. 10	Sold goods to Ahmed & Co., Lucknow	10,000
Jan. 11	Deposited cash in bank*	50,000
Jan. 13	Purchased a computer for office	20,000
Jan. 15	Took a loan from Mehboob*	70,000
Jan. 16	Goods returned by Ahmed & Co.	2,000
Jan. 17	Purchased furniture from Mehfil Mart, Kolkata	10,000
Jan. 18	Paid interest to Mehboob*	2,000
Jan. 19	Received claim from Ahmed & Co. for defects in goods supplied to them. Claim was accepted and rebate was allowed.*	1,000
Jan. 22	Paid rent by cheque	2,000
Jan. 24	Withdrew from bank*	20,000
Jan. 25	Sales of goods at counter after allowing trade discount of 10%	10,000
Jan. 26	Goods purchased from Gupta & Co., Delhi were destroyed by accident	10,000
Jan. 27	Advertisement expenses paid through bank	5,000
Jan. 28	Ahmed & Co. settled their account by cheque*	7,000
Jan. 29	Paid to Gupta & Co. by cheque*	18,000
	Discount allowed by them*	2,000
Jan. 31	Sold old newspapers	500

Join BYJU'S Learning Program