Ask a Doubt
Request a call back

Join NOW to get access to exclusive study material for best results

ICSE Class 10 Answered

Goods are sold from Agra (UP) to Kanpur(UP) for Rs18000 and then from a Kanpur to a customer in Delhi. If the rate of gst is 18% and the profit in kanpur  is Rs 6000. Find the net gst paid in Delhi? Please answer at the earliest....
Asked by saibaba1069 | 20 Mar, 2021, 10:48: PM
answered-by-expert Expert Answer
Please check your question:
Question: Goods are sold from Agra (UP) to Kanpur(UP) for Rs18000 and then from a Kanpur to a customer in Delhi. If the rate of gst is 18% and the profit in kanpur  is Rs 6000. Find the net gst paid in Kanpur
 
For the dealer in Agra,
Price = Rs. 18,000
CGST = 9% of 18,000 = 1620
SGST = 9% of 18,000 = 1620
 
When the product is sold from Kanpur to Delhi
For the dealer in Kanpur,
Input Tax credit = 1620 + 1620 = Rs. 3240
Price = Rs. 18,000 anf Profit = Rs. 6,000
Selling Price = Rs. 24,000
IGST = 18% of 24,000 = Rs. 4320
Net GST paid by the dealer at Kanpur

= Output GST - Input GST

= 4320 - 3240

= Rs. 1080

Answered by Renu Varma | 21 Mar, 2021, 11:23: PM

Concept Videos

Multiple Choice Questions Practice Test
Answered Unanswered My Questions My Answers
ICSE 10 - Maths
a dealer in Bhopal (MD) say x supply good and services worth rs.8000 to y a person in Indore (MD) . if the of GST is 28% find CGST SGST IGST
Asked by kabitanjalibehera5 | 20 Dec, 2023, 05:46: PM
ANSWERED BY EXPERT ANSWERED BY EXPERT
ICSE 10 - Maths
Answer question 13 from ICSE 10 Selina book Exercise 1(B) A retailer buys a TV from a manufacturer for rs 25000. he marks the price of the tv 20% above his cost price and sells it to a customer at 10% discount on the marked price.
question image
Asked by sagarmishra | 25 May, 2023, 09:08: AM
ANSWERED BY EXPERT ANSWERED BY EXPERT
ICSE 10 - Maths
hh
question image
Asked by 16032 | 11 May, 2023, 09:00: PM
ANSWERED BY EXPERT ANSWERED BY EXPERT
ICSE 10 - Maths
WHAT IS GST?    
Asked by himmatveerbrar | 08 Apr, 2023, 04:48: PM
ANSWERED BY EXPERT ANSWERED BY EXPERT
ICSE 10 - Maths
Rohit purchased an article and paid GST of Rs. 10,400. He sold the article to Manish and collected GST of Rs. 11,000. Geeta purchased the same article from Manish and paid GST of Rs. 11,800. Find the amount of SGST and CGST payable at each stage if each transaction is intra state.
Asked by varma.renu9481 | 05 Apr, 2023, 11:57: AM
ANSWERED BY EXPERT ANSWERED BY EXPERT
ICSE 10 - Maths
A wholesaler dealing in electric goods, sells an article at its printed price of Rs. 45,000 to a dealer at 10% discount. The dealer sells the same article to a customer at a discount of 4% on its printed price. If the sales are inter-state and the rate of GST is 18%, find : (i) the amount of tax, under GST, paid by the dealer to the central and state governments. (ii) the amount of tax, under GST, received by central and state governments. (iii) the total amount, inclusive of tax, paid by the consumer for the article.
Asked by varma.renu9481 | 05 Apr, 2023, 11:56: AM
ANSWERED BY EXPERT ANSWERED BY EXPERT
ICSE 10 - Maths
A shopkeeper sella an A.C. to Ms. Alka for rs 31200 including GST at the rate of 28%. If the shopkeeper and Ms. Alka both are from the same city, find for the shopkeeper: (i) total amount of GST (ii) taxable value of A.C. (iii) amount of CGST (iv) amount of SGST
Asked by varma.renu9481 | 03 Apr, 2023, 11:18: AM
ANSWERED BY EXPERT ANSWERED BY EXPERT
ICSE 10 - Maths
Please answer... Find the amount of bill for the following intra-state transaction of goods/services. The GST rate is 5%
question image
Asked by varma.renu9481 | 03 Apr, 2023, 11:15: AM
ANSWERED BY EXPERT ANSWERED BY EXPERT
ICSE 10 - Maths
A wholesaler buys a TV from a manufacturer for ₹25,000. He marks the price of the TV 20% above his CP and sells it to a retailer at a 10% discount on the MP. If the rate of GST is 28%. Find: (i) MP (ii) retailer's CP inclusive of tax. (ii) the GST paid by the wholesaler to the government.
Asked by nishkamiglani | 28 Mar, 2023, 10:09: PM
ANSWERED BY EXPERT ANSWERED BY EXPERT
ICSE 10 - Maths
How to calculate CGST?  
Asked by anupamakanojia12 | 18 Mar, 2023, 05:49: PM
ANSWERED BY EXPERT ANSWERED BY EXPERT
My Class Videos Tests ₹ Plans Ask a Doubt
Get Latest Study Material for Academic year 24-25 Click here
×