ICSE Class 10: ITC Videos | Input Tax Credit
Input Tax Credit
This video explains the concept of Input Tax Credit (ITC) and an application based on it.
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Goods and Services Tax
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Input Tax Credit
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Q 15 from ICSE 10 Selina book Exercise 1(B)
A shopkeeper in Punjab buys an article at a printed price of rs 20000 from a wholesaler in Delhi. The shopkeeper sells the article to a customer in Punjab at a profit of 25% on the cost price.
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- A shopkeeper buys tea leaves worth Rs3000 and sells it at profit of 20% in the same state GSTIS charged at 5%find the selling price. CGST. SYSTEM. and . total amount paid by the costomer standard
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- M/s men beauty products paid 18%GST on cosmetics worth RS.8000 and sold to the customer for rs.11500. What are the amounts of CGST and SGST charged in the tax invoice issued?
