
A manufacturer sells a Hercules cycle to a dealer for and the dealer sells it to a consumer at a profit of . If the sales are intrastate and the rate of is , Find
(i) how much GST amount paid by the dealer to the State Government?
(ii) the GST amount received by the Central Government.
(iii) the GST amount received by the State Government.
(iv) the amount that the consumer pays for the Hercules cycle.
Important Questions on Goods and Service Tax
A shopkeeper buys an item whose printed price is from a wholesaler at a discount of and sells it to a consumer at the printed price. If the sales are intra state and the rate of GST is , Find
(i) the price of the article inclusive GST in which the shopkeeper bought it.
(ii) the amount of tax ( under GST) paid by the shopkeeper to the State Government.
(iii) the amount of tax (under GST) received by the Central Government.
(iv) how much the consumer pays the amount to the article?

A shopkeeper buys a dressing table at a discount of from a wholesaler, the printed price of dressing table being . The shopkeeper sells it to a consumer at the printed price. If the sales are intra state and the rate of GST is , find GST paid by the shopkeeper to the Central Government.
(i) GST paid by the shopkeeper to the Central Government.
(ii) GST received by the Central Government.
(iii) GST received by the State Government.
(iv) the amount at which the consumer bought the dressing table.

A retailer buys a AC from a wholesaler for . He marks the price of the AC above his cost price and sells it to a consumer at discount on the marked price. If the sales are intra state and the rate of GST is , find the market price (in rupees) of the AC.

A retailer buys a AC from a wholesaler for . He marks the price of the AC above his cost price and sells it to a consumer at discount on the marked price. If the sales are intra state and the rate of GST is , find the amount (in rupees) which the consumer pays for the AC.

A retailer buys a AC from a wholesaler for . He marks the price of the AC above his cost price and sells it to a consumer at discount on the marked price. If the sales are intra state and the rate of GST is , find the amount of tax (under GST) (in rupees) paid by the retailer to the Central Government.

A retailer buys a AC from a wholesaler for . He marks the price of the AC above his cost price and sells it to a consumer at discount on the marked price. If the sales are intra state and the rate of GST is , find the amount of tax (under GST) (in rupees) received by the State Government.

The printed price of bicycle is . The manufacturer allows a discount of to a dealer Sanjeev. The dealer Sanjeev sells the article to another dealer Mohit at a discount of on the marked price. The dealer Mohit sells it to a consumer at above the printed price. If all the sales are intra-state and the rate of GST is , Find
(i) the price of bicycle inclusive of tax (under GST) (in rupees) paid by dealer Sanjeev.
(ii) the price of bicycle inclusive of tax ( under GST) paid by dealer Mohit.
(iii) the amount in which the consumer pays for the bicycle.
(iv) the amount of tax (under GST) paid by dealer Sanjeev to the Central Government.
(v) the amount of tax (under GST) paid by dealer Mohit to the State Government.
(vi) the amount of tax (under GST) received by the Central Government.

A manufacturer marks an article at. He sells it to a wholesaler at a discount of on the marked price and wholesaler sells it to a retailer at a discount of on the marked price. The retailer sells it to the consumer at the marked price. If all the sales are intra state and the rate of GST is ,Find
(i) the amount inclusive of tax (under GST) which the wholesaler pays for the article.
(ii) the amount inclusive of tax (under GST) which the retailer pays for the article.
(iii) the amount of tax (under GST) which the wholesaler pays to the Central Government.
(iv) the amount of tax (under GST) which the retailer pays to the State Government.
