Input Tax Credit (ITC)

For a dealer $\mathrm{X}$, the marked price of a table is $₹3000$, which he sells to dealer $\mathrm{Y}$ at some discount price. Further, dealer $\mathrm{Y}$ sells the same article to a customer at its list price. If the rate of $\mathrm{GST}$ is $10\%$ and dealer $\mathrm{Y}$ paid a tax, under $\mathrm{GST}$, equal to $₹80$ to the government, find the amount (inclusive of $\mathrm{GST}$) paid by dealer $\mathrm{Y}$.

Goods/services are sold from Mumbai (Maharashtra) to Pune (Maharashtra) for $₹6000$, and then from Pune to Bangalore (Karnataka). If the rate of $\mathrm{GST}$ is $10\%$ and the profit made at Pune is $₹500$, find the net $\mathrm{GST} \left(\mathrm{in} ₹\right)$ payable by dealer at Pune.

$\mathrm{P}$ is a manufacturer of refrigerators in Bangalore. He manufacturers a particular brand of refrigerator and marks it at $₹50,000$. He then sells this refrigerator to a wholesaler $\mathrm{Q}$ in Hyderabad at a discount of $20\%$. The wholesaler $\mathrm{Q}$ raises the marked price of the refrigerator bought by $20\%$ and then sells it to dealer $\mathrm{C}$ in Bangalore. If the rate of $\mathrm{GST}$ is $10\%$ find tax (under $\mathrm{GST}$) paid by wholesaler $\mathrm{Q}$ to the government.

The marked price of the $\mathrm{T}.\mathrm{V}.$ is $₹5000$. A wholesaler sells it to a dealer at $10\%$ discount. The dealer further sells the $\mathrm{T}.\mathrm{V}.$ to a customer at discount of $5\%$ on the marked price. If the rate of $\mathrm{GST}$ at each stage is $18\%$, find the amount $\left(\mathrm{in} ₹\right)$ of tax (under $\mathrm{GST}$) paid by the dealer to the government.

Goods/services are sold from Jaipur (Rajasthan) to Udaipur (Rajasthan) for $₹10000$ and then from Udaipur to Pune (Maharashtra). If the rate of $\mathrm{GST}$ is $12\%$ and the profit made at Udaipur is $₹2000$, find the net $\mathrm{GST} \left(\mathrm{in} ₹\right)$ payable by dealer at Udaipur.

Rahul is a bike dealer in Delhi. He transported a bike, worth of$₹50,000$ and then transferred it from Delhi to Dehradun at the rate of GST $18\%$ and then sold it to a person in Bhopal at a profit of $₹20,000$ at the same rate of GST. The output tax at Dehradun is

Cotyledons are also called-

A manufacturer's final tax output comes out to be $₹1000$ which he needs to pay on the final goods or but during the whole process he already has paid taxes of $₹250$ and $₹300$ on the initial purchase of the goods. Find the input credit tax and the the net amount of tax that the manufacturer has to pay.

A dealer purchased capital goods from the manufacturer for $₹10,00,000$ plus GST. The same capital goods were later sold for $₹12,00,000$ plus GST. The rate of GST for the capital goods is $15\%$. Find the input credit tax for the dealer.

A manufacturer pays GST of $₹350$ to buy raw materials. The manufacturer received GST amounting to $₹500$ on selling the final product to the customer. Find the input credit tax that the manufacturer is eligible to claim.