MyQuestionIcon

1

You visited us 1 times! Enjoying our articles? Unlock Full Access!

SGST and CGST

Mohan, Amrith...

Question

Mohan, Amrith and Rajveer live in the same city. Mohan sells an article to Amrith for ₹5000. Amrith sells the same article to Rajveer at a profit of ₹400. If all the transactions are under a GST of 12% ,find the SGST paid by Amrith.

A

₹20

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

B

₹28

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

C

₹24

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

D

₹12

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

Open in App

Solution

The correct option is C ₹24
Rate of GST = 12%
So, SGST = CGST = 6%
Tax paid by Amrith to the State Government(SGST) = SGST on Output - SGST on Input
= 6% of ₹5400 - 6% of ₹5000
= 6% of ₹400 = ₹24

Suggest Corrections

thumbs-up

1

Similar questions

Q. Riya, Amrith and Rajveer live in the same city. Riya sells an article to Amrith for ₹50000. Amrith sells the same article to Rajveer at a profit of ₹4000. If all the transactions are under a GST of 18% ,find the net SGST liability of Amrith.

Q. Romeo, Akbar and Walter live in the same city. Romeo sells an article to Akbar marked at ₹5000. Akbar sells the same article to Walter at a profit of ₹400 for consumption. If all the transactions are under a GST of 18% find the total tax received by the Central government(CGST).

Q. Mohit, Akbar and Rajeev live in the same city. Mohit sells an article to Akbar marked at ₹50000. Akbar sells the same article to Rajeev at a profit of ₹4000 for consumption. If all the transactions are under a GST of 12%, find the total tax received by the Central government(CGST).

Q. 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.

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.

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