HARD
10th ICSE
IMPORTANT
Earn 100

A manufacturer sells a Hercules cycle to a dealer for 18000 and the dealer sells it to a consumer at a profit of 1500. If the sales are intrastate and the rate of GST is 12%, 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

HARD
10th ICSE
IMPORTANT

A shopkeeper buys an item whose printed price is 4000 from a wholesaler at a discount of 20% and sells it to a consumer at the printed price. If the sales are intra state and the rate of GST is 12%, 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?

HARD
10th ICSE
IMPORTANT

A shopkeeper buys a dressing table at a discount of  20% from a wholesaler, the printed price of dressing table being 1600. The shopkeeper sells it to a consumer at the printed price. If the sales are intra state and the rate of GST is  12%, 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.

HARD
10th ICSE
IMPORTANT

A retailer buys a AC from a wholesaler for 40000. He marks the price of the AC 15% above his cost price and sells it to a consumer at  5% discount on the marked price. If the sales are intra state and the rate of GST is 12%, find the market price (in rupees) of the AC.

HARD
10th ICSE
IMPORTANT

A retailer buys a AC from a wholesaler for 40000. He marks the price of the AC 15% above his cost price and sells it to a consumer at  5% discount on the marked price. If the sales are intra state and the rate of GST is 12%, find the amount (in rupees) which the consumer pays for the AC.

HARD
10th ICSE
IMPORTANT

A retailer buys a AC from a wholesaler for 40000. He marks the price of the AC 15% above his cost price and sells it to a consumer at 5% discount on the marked price. If the sales are intra state and the rate of GST is 12%, find the amount of tax (under GST) (in rupees) paid by the retailer to the Central Government.

HARD
10th ICSE
IMPORTANT

A retailer buys a AC from a wholesaler for 40000. He marks the price of the AC 15% above his cost price and sells it to a consumer at 5% discount on the marked price. If the sales are intra state and the rate of GST is 12%, find the amount of tax (under GST) (in rupees) received by the State Government.

HARD
10th ICSE
IMPORTANT

The printed price of bicycle is 60000. The manufacturer allows a discount of 25% to a dealer Sanjeev. The dealer Sanjeev sells the article to another dealer Mohit at a discount of 12% on the marked price. The dealer Mohit sells it to a consumer at 5% above the printed price. If all the sales are intra-state and the rate of GST is 18%, 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.

HARD
10th ICSE
IMPORTANT

A manufacturer marks an article at5000. He sells it to a wholesaler at a discount of 25% on the marked price and wholesaler sells it to a retailer at a discount of 15% 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 12%,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.