Students often turn to OP Malhotra Class 10 Solutions Chapter 1 GST (Goods and Service Tax) Ex 1 to clarify doubts and improve problem-solving skills.
S Chand Class 10 ICSE Maths Solutions Chapter 1 GST (Goods and Service Tax) Ex 1
Question 1.
Mr Abdul a manufacturer, sells his product worth 2,25.000 within the state. He buys goods worth ₹ 1,20.000 within the stale. If the rate of GST is @ 12% on the raw material and @ 18% on the finished product find the amount of GST he has to pay.
Solution:
C.P. of raw material for Abdul = ₹ 120000
Rate of GST on raw material = 12%
∴ Input GST i.e. GST paid by Abdul = ₹ 120000 x \(\frac {12}{100}\) = ₹ 14,400
SP of finished goods for Abdul = ₹ 2,25,000
Rate of GST on finished goods = 18%
∴ output GST, i.e. GST received by Abdul = ₹ 225000 x \(\frac {18}{100}\) = ₹ 40500
Now, GST paid by Abdul to government = output GST – Input GST = ₹ 40500 – ₹ 14400 = ₹ 26,100
Question 2.
A shoe manufacturer purchases goods worth ₹ 90.000 from the markets within the state. He sells his product in the neighbourhood market for 78,000. If the common rate of GST @ 18%. find the GST pasable/GST’ credit for the aboie transaction.
Solution:
CP of goods purchased by manufacturer = ₹ 90000
Rate of GST = 18%
∴ Input GST i.e. GST paid by Abdul = 18% of ₹ 90000 = ₹ 90000 x \(\frac {18}{10}\) = ₹ 16,200
Now manufacturer sold the product in neighbourhood market
SP of finished goods for Abdul = ₹ 78,000
Rate GST = 18%
∴ output GST i.e. GST’ received by manufacturer = 18% of 78000 = \(\frac {18}{100}\) x 78000 = ₹ 14040.
Now GST refund claimed by manufacturer from the government = Input GST – output GST
= ₹ 6200 – ₹ 14040 = ₹ 2160
Question 3.
Mrs Lata has a leather coat manufacturer unit in state A. She buys raw materials worth ₹ 80,000 from a supplier froni state B at a discount of 10%. She sells her product worth ₹ 2,20,000 0utside the state. If the rate of CGST @ 2.5 % find the IGST payable/credit of Nirs Lata.
Solution:
Since, it is a case of interstate transactions of goods/services
∴ IGST = GST
We know, that CGST = SGST = \(\frac {1}{2}\) GST
Given, CGST = 2.5%
∴ GST = 2 x CGST = 2 x 2.5% = 5%
MP of raw material for Lata = ₹ 80,000
Discount = 10 %
CP of raw material for Lata = ₹ 80000 – 10% 0f ₹ 80000 = ₹ 80000 – 8000 = ₹ 72000
∴ Input IGST i.e. GST paid by Lata = 5% 0f ₹ 72000 = \(\frac {5}{100}\) x 72000 = ₹ 3600
Further, Lata sold the products to distributer in other state
SP of finished goods for Lata = ₹ 2,20,000
∴ output IGST i.e. GSI’ received by Lata = 5% 0f ₹ 220000 = \(\frac {5}{100}\) x 220000 = ₹ 11000
Now, IGST payable by Lata to the govt. = output GST – input GST = ₹ 11000 – ₹ 3600 = ₹ 7400
Question 4.
Mrs Salim a biscuit nianufacturer buys raw goods worth 1,40,000 froni different markets sitliin the state GST @ 5%. lic sold packet biscuits worth 2,10,500 in the markets of the neighbouring state. Rate of GST on packet biscuits is 12%. Find the amount of 1GST
payable by him.
Solution:
CP of material of biscuit for manufacturer = ₹ 1,40,000
Rate of GST 5%
∴ Input GST, i.e. GST paid by manufacturer = 5% of ₹ 1,40.000 = \(\frac {5}{100}\) x 1,40,000 = ₹ 7,000
Further, manufacturer sold the biscuits in neighbouring states.
SP of biscuits for manufacturer = ₹ 2, 10,500
Rate of GST = 12%
∴ output IGST, i.e. IGST received by manufacturer 12% of ₹ 2,10,500
= \(\frac {12}{100}\) x 2,10,500 = ₹ 25,260
IGST payable by Mr. Salirn to the govemnient = output IGST – Input GST
= ₹ 25260 – ₹ 7000 = ₹ 18260
Question 5.
A seiing machine manufacturing purchases raw materials worth ₹ 5.40.000 fur his manufacturing unit from outside the state. The rate of IGST is @ 12%. He produced two types of sewing machine, 50 type A whose base price is ₹ 5000. GST 12% and 100 type B whose base price is ₹ 1,000, GST @ 18%. He had two clients outside the state and receised orders for 10 type A and 20 type B only by client X, 10 each by client Y. Find
(i) input GST, (ii) output CST (iii) CST payable / credit
Solution:
(i) Given, CP of raw material for manufacturer = ₹ 5,40,000
Rate of GST i.e. IGST = 12%
Input IGST, i.e. IGST paid by manufacturer = 12% of ₹ 5,40.000 = \(\frac {12}{100}\) x 5,40.000 = ₹ 64.800
(ii) Manufacturer received orders of 10 Type A and 20 Type B sewing machines by client X and 10 each Type A and Type B by client Y.
Base price of Type A = 5,000 and Base price of Type B = ₹ 10000
∴ SP 0f sewing machines of Type A for manuficturer = (10 x 5000) + (10 x ₹ 5000)
= ₹ 50000 + ₹ 50000 = ₹ 100000
output IGST i.e. IGST received by manufacturer on sewing machines of Type A
= 12% of 100000 = ₹ 12000
Also SP of sewing machine of Type B for manufacturer (20 x ₹ 10000) + (10 x 10000)
= ₹ 20000 + ₹ 100000 = ₹ 300000
output IGST i.e. IGST received by manufacturer on sewing machines of Type B
= 18% of ₹ 300000 = ₹ 5400
Total output IGST = ₹ 2000 + ₹ 54000 = ₹ 66000
(iii) IGST payable by manufacturer to the government Total output IGST – Input IGST
= ₹ 66000 – ₹ 6400 = ₹ 1200
Question 6.
The sales price of a sashing machine. inclusise of GST, is ₹ 28,320. If the SCST is charged at the rate of 9% of the list price, find the list price of the washing machine.
Solution:
Let the marked price of washing machine = ₹ x
Rate of SGST = 9%
We know that, in case of intra state of transacti0n of goods and services
SGST = CGST = \(\frac {1}{2}\) x GST
∴ GST = 2 x SGST = 2 x 9% = 18%
Given, SP of washing machine inclusive 0f taxes = ₹ 28320
∴ GST Amount = ₹ \(\frac {18x}{100}\)
and final amount = ₹\(\left(x+\frac{18 x}{100}\right)=₹ \frac{118 x}{100}\)
A.T.Q
\(\frac {118x}{100}\) = ₹ 28320
⇒ x = \(\frac {28320}{118}\) x 100 = ₹ 24000
∴ The list price of washing machine = ₹ 24000
Question 7.
Radhika buys crockery having marked price ₹ 4,500. She gets a discount of 12%. If the CGST is a 6%, find the amount she is required to pay for the crockery. Also find the amount of SCST.
Solution:
MP of crockery = ₹ 4500
Discount offered = 12%
SP of crockery for Radhika = ₹ 4500 – 12% 0f ₹ 4500 = ₹ 4500 – ₹ 540 = ₹ 3960
Rate of CGST = 6 %
We know that, in case of inn state transaction of goods/services
SGST = CGST = \(\frac { 1 }{ 2 }\) x GST
∴ GST = 2 x CGST = 2 x 6% = 12%
GST paid by Radhika = 12% 0f ₹ 3960 = \(\frac { 12 }{ 100 }\) x 3960 = ₹ 475.2
∴ Final price paid by Radhika = ₹ 3960 + ₹ 4752 = ₹ 4435.20
We know that, CGST = CGST = \(\frac { 1 }{ 2 }\) x GST
∴ CGST = SGST = \(\frac { 1 }{ 2 }\) x 475.20 = ₹ 237.60
Question 8.
The list price of a bell laptop is ₹ 84.000. The dealer gives a discount of 20% on the listed price. He also offers 10% additional discount on the balance. However, GST @ 28% is charged oil Laptop. Find
(i) the taxable amount.
(ii) the total amount of GSl’ the customer has to pay.
(iii) final price has to pay to the dealer including CST.
Solution:
MP of Dell Taptop = ₹ 84.000
Discount allowed = 20%
Price after discount = ₹ 84000 – 20% 0f ₹ 84000 = ₹ 84000 – ₹ 16800 = ₹ 67200
Additional discount = 10 %
Price after addittonal discount = ₹ 67200 – 10% 0f ₹ 67200 = ₹ 67200 – ₹ 6720 = ₹ 60.480
(ii) Rate of GST = 28%
GST charged = 28% of = ₹ 60,480 = \(\frac { 28 }{ 100 }\) x ₹ 60480 = ₹ 16934.40
(iii) Final price paid including GST = ₹ 60,480 + ₹ 16934.40 = ₹ 77414.40
Question 9.
Mrs Santa buys goods worth ₹ 6.500 from Easy day store. She gets a rebate of 10% on ₹ 5000 as a member and a flat discount of Soon the remaining. If the GST is charged @ 18% find the total amount she has to pay fur the goods.
Solution:
MP of goods = ₹ 6500
Discount allowed = 10% on ₹ 5000 = ₹ 500
and flat discount allowed = ₹ 50
∴ Total discount allowed = ₹ 500 + ₹ 50 = ₹ 550
SP of goods by easyday = ₹ 6500 – ₹ 550 = ₹ 5950
Rate of GST 18%
GST charged on goods = 18% of 5950 = \(\frac { 18 }{ 100 }\) x 5950 = ₹ 1071
Total price paid by Mrs. Santa = ₹ 5950 + ₹ 1071 = ₹ 7021
Question 10.
A retailer marked up the price of his goods by 20% above the list price and offers to successive discount of 10% and % on the marked up price. GST is @ 18 % on the goods. Find the list prier of goods if the consumer pay ₹ 4617 as CGST. Also find the final price consumer has to pay for the goods.
Solution:
(i) Let list price of the article = ₹ x
According to the question, goods are marked up by 20% followed by two successive discounts of 10% and 5%
∴ Taxable amount = ₹ x \(\left(1+\frac{20}{100}\right)\left(1-\frac{10}{100}\right)\left(1-\frac{5}{100}\right)=₹ x\left(\frac{120}{100}\right)\left(\frac{90}{100}\right)\left(\frac{95}{100}\right)=₹ x \frac{513}{500} x\)
Given, GST 18%
∴ SGST = \(\frac { 1 }{ 2 }\) x GST = 9%
According to the questi0n,
\(\frac{9}{100} \times \frac{513}{500} x=4617 \Rightarrow x=\frac{4617 \times 500 \times 100}{9 \times 513}\) = ₹ 51300
∴ List price = ₹ 50000
∴ Taxable amount = ₹ \(\frac { 513 }{ 2 }\) x ₹ 50000 = ₹ 51300
Also, SGST = CGST = ₹ 4617
∴ Final price paid by the c0nsumer = ₹ 51300 + ₹ 4617 = ₹ 60534
Question 11.
Anil went to a shop to buy a bicycle costing ₹ 10,620. the rate of CGST is 9%. He asks the shopkeeper to reduce the price of the bicycle to such an extent so that he has to pay ₹ 10,620 inclusise GST. Find the reduction needed in the price of the bicycle.
Solution:
MP of the bicycle = ₹ 10620 and 1maI price paid by Anil = ₹ 10620
Let the reduced price of a bicycle aller discount be ₹ x
Given CGST = 9%, GST = 18%
∴ GST amount = ₹ \(\frac { 18x }{ 100 }\)
∴ Final price = ₹\(\left(x+\frac{18 x}{100}\right)=₹ \frac{118 x}{100}\)
A.T.Q,
\(\frac { 118x }{ 100 }\) = 10620 ⇒ x = \(\frac { 10620 }{ 118 }\) x 100 = ₹ 9000
Hence, the final price of the bicycle is ₹ 9000
∴ The reduction in the price of the bicycle = MP – Final price = ₹ 10620 – ₹ 9000 = ₹ 1620
Question 12.
The price of a mobile phone is ₹ 32,000 inclusive of 28 % GST on the list price. Vineeta asks for a discount on the list price so that after charging the GST, the final price becomes the list price. Find
(i) the amount of discount which Vineeta got from the shopkeeper,
(ii) the amount of SGST on the discounted value of the mobile.
Solution:
(i) MP of a mobile phone = ₹ 32000
Rate of GST = 28 %
Let the reduced price of a mobile phone after discount be ₹ x
∴ GST amount = ₹ \(\frac { 28x }{ 100 }\)
Final price = ₹(x + \(\frac { 28x }{ 100 }\)) = ₹ \(\frac {128x }{ 100 }\)
A.T.Q
₹ \(\frac {128x }{ 100 }\) = ₹ 3200 ⇒ x = \(\frac{32000 \times 100}{128}\) = ₹ 25000
∴ Final price charted aliei reduction = ₹ 25000
∴ Vinecta got discount from shopkeeper of = ₹ 32000 – ₹ 500 = ₹ 7000
(ii) We know that.
CGST = SGST = \(\frac { 1 }{ 2 }\) x GST = \(\frac { 1 }{ 2 }\) x 28 = 14%
SGST paid by Vineeta on mobile phone = 14% of 5004J = ₹ 25000 = ₹ 3500
Question 13.
A calculator manufacturers manufacturing cosi of a calculator is ₹ 900. GST is 18%. He manufactured 120 such calculators. He marked up each by 30% and sold to a dealer at a discount of 10%. Find the final price dealer paid for the calculators. Also find the total GST received by the State Government.
Solution:
C.P. of one calculator for manufacturer = ₹ 900
C.P. of 120 calculators 11w manufacturer = ₹ 900 x 120 = ₹ 1,08,000
∴ Input GST paid by manufacturer = 18% 0f ₹ 1,08,000 = \(\frac { 18 }{ 100 }\) x 1,08.000 = ₹ 19,440
Manufacturer marked up the price by 30%
∴ MP of 120 calculators = ₹ 1,08,000 + 30% 0f ₹ 1,08,000 = ₹ 1,08,000 + ₹ 32.400 = ₹ 1,40,400
Manufacturer offers a discount of 10 % 0n M.P.
∴ S.P. of 120 calculators = ₹ 1,40,400 – 10 % 0f ₹ 1,40,400 = ₹ 1,40,400 – ₹ 14,040 = ₹ 1,26,360
∴ output GST i.e. GST received by manufacturer = 18 % 0f ₹ 1,26,360 = \(\frac { 18 }{ 100 }\) x 1,26,360 = ₹ 22,744.80
Thus, final price paid by the dealer = ₹ 1,26,360 + ₹ 22,744.80 = ₹ 1,49,104.80
Since, it is a case of intra state transaction of goods and services
∴ CGST = SGST = \(\frac { 1 }{ 2 }\) x GST
Hence, GST received by State government i.e. SGST = \(\frac { 1 }{ 2 }\) x GST = \(\frac { 1 }{ 2 }\) x ₹ 22,744.80 = ₹ 11372.4
Question 14.
The manufacturer prooduces television sets at a CGST of ₹ 32,000. He sells it to distributor at a profit of ₹ 2,000, distributor sells it to a wholesaler at a profit of ₹ 2,500, and wholesaler sells to a retailer at a profit of ₹ 3,000. Finally retailer sells to consumer at a profit of ₹ 3,500 and rate of GST is 18 %. Find
(i) the final amount which consumer pays for the article.
(ii) total GST amount.
Solution:
Given, Cost price of the television for manufacturer = ₹ 32,000 and rate of GST =18 %
∴ GST paid by manufacturer =18 % of ₹ 32,000 = \(\frac { 18 }{ 100 }\) x 32000 = ₹ 5760
The manufacturer sells it to a distributor at a profit of ₹ 2,000
Given, Sale price of the television for manufacturer = ₹ 32,000 + ₹ 2,000 = ₹ 34,000
and rate of GST = 18 %
∴ Input GST i.e. GST paid by distributor =18 % of ₹ 34,000 = \(\frac { 18 }{ 100 }\) x 34000=₹ 6120
The distibutor sells it to a wholesaler at a profit of ₹ 2,500
Given, Sale price of the television for wholesaler = ₹ 34,000 + ₹ 2,500 = ₹ 36,500
and rate of GST = 18 %
∴ Input GST i.e. GST paid by wholesaler = 18 % of ₹ 36,500 = \(\frac { 18 }{ 100 }\) x 36500 = ₹ 6570
The wholesaler sells it to a retailer at a profit of ₹ 3,000
Given, Sale price of the television for wholesaler = ₹ 36,500 + ₹ 3,000 = ₹ 39,500
and rate of GST = 18 %
∴ Input GST i.e. GST paid by retailer = 18 % of ₹ 39,500 = \(\frac { 18 }{ 100 }\) x 39500 = ₹ 7110
The retailer sells it to a consumer at a profit of ₹ 3,500
Given, Sale price of the television for retailer = ₹ 39,500 + ₹ 3,500 = ₹ 43,000 and rate 0f GST = 18 %
∴ Input GST i.e. GST paid by consumer =18 % of ₹ 43,000 = \(\frac { 18 }{ 100 }\) x 43000= ₹ 7740
(i) Total amount paid by the consumer = S.P. of the Television + GST = ₹ 43000 + ₹ 7740 = ₹ 50740
(ii) Total GST Paid = ₹ 7740
Question 15.
A manufacturer washing machines at a cGST of ₹ 11,000. He sells to ‘ B ‘, and ‘ B ‘ sells to ‘ C ‘, ‘C’ sells it to ‘D’. The GST rate is 28 % and the profit is ₹ 1,500 at each stage of selling chain. Find
(i) the total amount of GST; and
(ii) the price including GST ‘D’ paid for the washing machine.
Solution:
(i) Given, Cost price of the washing machine for manufacturer = ₹ 11,000
and rate of GST =28 %
∴ GST paid by manufacturer = 28 %of ₹ 11,000 = \(\frac { 28 }{ 100 }\) x 11000 = ₹ 3080
The manufacturer sells it to a ‘ B ‘ at a profit of ₹ 1,500
Sale price of the washing machine for manufacturer = ₹ 11,000 + ₹ 1,500 = ₹ 12,500 and rate 0f GST = 28 %
∴ Input GST i.e. GST paid by ‘B’ = 28 % of ₹ 12,500 = \(\frac { 28 }{ 100 }\) x 12500 = ₹ 3500
The ‘ B ‘ sells it to a ‘ C ‘ at a profit of ₹ 1,500
Sale price of the washing machine for ‘C’ prime = ₹ 12,500 + ₹ 1,500 = ₹ 14,000 and rate of GST = 28 %
∴ Input GST i.e. GST paid by ‘C’ = 28 % of ₹ 14,000 = \(\frac { 28 }{ 100 }\) x 14000 = ₹ 3920
The ‘C’ sells it to a ‘D’ at a profit of ₹ 1,500
Sale price of the washing machine for ‘D’ = ₹ 14,000 + ₹ 1,500 = ₹ 15,500 and rate 0f GST = 18 %
∴ Input GST i.e. GST paid by ‘D’ =28 % of ₹ 15,500=28100 15500=₹ 4340
(i) Total amount of GST = ₹ 4340
(ii) Total amount paid by the ‘D’ including GST = S.P. 0f the washing machine + GST
= ₹ 15500 + ₹ 4340 = ₹ 19840
Question 16.
The manufacturer sold a TV to a wholesaler at a profit of ₹ 1000, whose manufacturing cost is ₹ 15.000. The holesaler sold it to a trader at a profit of ₹ 1000. If the trader sold it to the customer at profit ₹ 1500. Find
(i) Total GST collected by the State government at the rate of 28%.
(ii) The amount that the customer paid for the TV.
Solution:
(i) Given, CGST price of the TV for manufacturer = ₹ 15,000
and rate GST = 28%
∴ GST paid by manufacturer = 28% of ₹ 15,000 = \(\frac { 28 }{ 100 }\) x 15000 = ₹ 4200
The manufacturer sells it to a wholesaler at a profit of ₹ 1,000
Given, Sale price of the television for manufacturer = ₹ 15,000 + ₹ 1,000 = ₹ 16,000 and rate of GST = 28 %
∴ Input GST i.e. GST paid by wholesaler = 28 % of ₹ 16,000 = \(\frac { 28 }{ 100 }\) x 15000=₹ 4480
The wholesaler sells it to a trader at a profit of ₹ 1000
Given, Sale price of the television for wholesaler = ₹ 16,000 + ₹ 1000 = ₹ 17000
and rate of GST = 28 %
∴ Input GST i.e. GST paid by trader = 28 % of ₹ 17,000 = \(\frac { 28 }{ 100 }\) x 17000 = ₹ 4760
The trader sells it to a consumer at a profit of ₹ 1500
Given, Sale price of the television for trader = ₹ 17,000 + ₹ 1,500 = ₹ 18500 and rate 0f GST = 28 %
∴ Input GST i.e. GST paid by consumer = 28 % of ₹ 18500 = \(\frac { 28 }{ 100 }\) x 18500 = ₹ 5180
(i) Total GST collected by the State Government = GST paid by consumer = ₹ 5180
(ii) Total amount paid by the consumer = S.P. of the Television + GST = ₹ 18500 + ₹ 5180 = ₹ 23680
Question 17.
Mr T N Naim purchased sportbike for his son at a discount of 15 %, having exshowroom price ₹ 4,00,500. Insurance cover premium of the bike is 8 % of the discounted value. The CGST of accessories is ₹ 20,000. Dealer offered 5 % discount on accessories. Rate of GST is 28 %on the bike and 18 % on the insurance premium and 12 % on the accessories. Find
(i) Total amount of GST to (the nearest rupee)
(ii) Total amount (to nearest rupee) including the insurance premium paid by Mr TN Naim.
Solution:
MP of sponhike ₹ 4,00,500 Discount allowed 15%
SP of sporthike = ₹ 4,00,500 – 15% of ₹ 4,00,500 = ₹ 4,00,500 – ₹ 60.075 = ₹ 3,40,425
Insurance cover premium of the hike is 8% of the discounted value
∴ Amount of insurance cover premium 8% of ₹ 3,40.425 = \(\frac { 8 }{ 100 }\) x 3.40,425 = ₹ 27.234
CGST of accessories ₹ 20,000
Discount allowed 5%
SP of accessories = ₹ 20,000 – 5% 0f ₹ 20,000 = ₹ 20,000 – 1,000 = ₹ 19,000
Rate of GS’I’ on hike 28%
∴ Amount of GST on bike and accessories = 28% of ₹ 3.40,425 = \(\frac { 8 }{ 100 }\) x ₹ 3.40.425 = ₹ 95.3 19
Rate of GST on insurance premium 18%
∴ Amvunt of GST on insurance premium 18% of ₹ 27,234 = ₹ 4,902.12
Rate of GST on accessories = 12%
∴ Amount of GST on accessories = 12% 0f ₹ 19,000 = ₹ 2,280
(i) Total amount of GST = ₹ 95,319 + ₹ 4,902 + ₹ 2,280 = ₹ 1,02,501
(ii) Total amount paid by Mr TN Naim = ₹ 3,40,425 + ₹ 19,000 + ₹ 27,234 + ₹ 1,02,501 = ₹ 4.89,160
Question 18.
A person bought following stationery items :
| Item | Quantity | Rate |
| Chelpark ink | 10 bottles | ₹ 85 each |
| Pens | 6 dozens | ₹ 200 per dozen |
| Erasers | 8 dozens | ₹ 50 per dozen |
| Sharpeners | 10 dozens | ₹ 40 per dozen |
| Pencils | 12 dozens | ₹120 per dozen |
If the SGST is @ 2.5%, find the amount paid by him for his purchases. Also find the amount of GST paid by him.
Solution:
Given SGST = 2.5 %
We know that, SGST = CGST = \(\frac { 1 }{ 2 }\) GST
∴ GST = 2 x SGST = 2 x 2.5 = 5 %
Question 19.
Mrs. Gupta bought the following articles from a department store:
| Item | Quantity | Rate (in ₹) | Discount | GST rate |
| Cosmetics | 2 | ₹ 690 | 5% | 18% |
| Tea Set | 1 | ₹ 1500 | 10% | 12% |
| Shirts | 4 | ₹ 1500 | 10% | 12% |
| Packed Dry fruits | 4 | ₹ 800 | 25% | 18% |
| Unpacked food grains | 1 | ₹ 560 | 10% | NIL |
Find
(i) Total amount of GST
(ii) Total bill amount
Solution:
(i) Total bill amount = ₹ 1546.98 + ₹ 1512 + ₹ 4838.40 + ₹ 2832 + ₹ 504 = ₹ 11233.38
Total Taxable amount = ₹ 1311 + ₹ 1350 + ₹ 4320 + ₹ 2400 + ₹ 504 = ₹ 9885
∴ Total amount of GST = Total bill amount – total taxable amount = ₹ 11233.38 – ₹ 9885 = ₹ 1348.38
(ii) Total bill amount = ₹ 1546.98 + ₹ 1512 + ₹ 4838.40 + ₹ 2832 + ₹ 504 = ₹ 11233.38
Question 20.
Mr. Madhukar buys following goods from Big Bazaar
| Item | Cost | Rate of GST | Discount |
| Cosmetics | ₹ 4,500 | 12% | 10% |
| Tea Set | ₹ 25,600 | 28% | 25% |
| Shirts | ₹ 3,400 | 5% | NIL |
| Packed Dry fruits | ₹ 2,400 | 5% | NIL |
| Unpacked food grains | ₹ 1,200 | NIL | NIL |
Find
(i) Total taxable amount
(ii) Total discount amount
(iii) Total GST amount
(iv) Total Bill amount
Solution:
(i) Total taxable amount = ₹ 4050 + ₹ 19200 + ₹ 3400 + ₹ 2400 = ₹ 29,050
(ii) Total Discount amount = ₹ 450 +₹ 6400 = ₹ 6850
(iii) Total bill amount of GST items = ₹ 4536 + ₹ 24576 + ₹ 3570 + ₹ 2520 = ₹ 35,202
Total amount of GST = Total bill amount – total taxable amount = ₹ 36,402 – ₹ 29,050 = ₹ 6152
(iv) Total bill amount = ₹ 4536 + ₹ 24576 + ₹ 3570 + ₹ 2520 + ₹ 1200 = ₹ 36,402
Additional Questions
Question 1.
A dealer X in Meerut (UP) sold a table for f12000 to a consumer in Agra (UP). If the GST rate is 18%, calculate
(i) the IGST
(ii) the CGST
(iii) the SGST
Solution:
Since, It is a case of Intra-slate transaction of goods and services
∴ CGST = SGST = \(\frac { 1 }{ 2 }\) x GST
Given S.P. of a table = ₹ 12,000
GST. rate = 18 %
∴ CGST = SGS.T. = \(\frac { 1 }{ 2 }\) x 18% =9%
(i) IGST = Nil
(ii) C.G.S.T. = 9% of S.I of a table = 9% of ₹ 12.000 = ₹ \(\left(\frac{9}{100} \times 12,000\right)\) = ₹ 1080
(iii) S.G.S.T = 9% of S.P. of a table = 9% of 12,000 = ₹ \(\left(\frac{9}{100} \times 12,000\right)\) = ₹ 1080
Question 2.
A wholesaler A sells a machine to a retailer B for ₹ 5000 and the retailer B sells it to a consumer at a profit of 1000. If the GST rate is 12%, calculate the tax liability of the retailer B.
Solution:
Let us assume, it is a case of intra-state transaction of goods and services
∴ CGST = SGST = \(\frac { 1 }{ 2 }\) x GST
Given, S.P. of washing machine for wholesaler = ₹ 5,000
Rate of G. S.T. = 12%
∴ C.G.S.T. = S.G.S.T. = \(\frac { 1 }{ 2 }\) x G.S.T. = \(\frac { 1 }{ 2 }\) x 12% = 6%
∴ C.G.S.T. = 6% of ₹ 5000 = \(\frac { 6 }{ 100 }\) x ₹ 5000 = ₹ 300
and S.GS.T. = 6% of ₹ 5000 = \(\frac { 6 }{ 100 }\) x ₹ 5000 = ₹ 300
Hence, input GST, for Retailer are C.GS.T. ₹ 300 and S.G.S.T = ₹ 300
The retailer B sells itto a consumer at a profit of ₹ 1000
Now, S.P. of washing machine for consumer ₹ 5000 + 1000 = ₹ 6000
∴ Output C.G.S.T. 6% of ₹ 6,000 = \(\frac { 6 }{ 100 }\) x 6,000 = ₹ 360
and Output C.GS.T. = 6% of ₹ 6,000 = \(\frac { 6 }{ 100 }\) x 6,000 = ₹ 360
Now, tax liability of retailer = (Output S.GS.T. + Output C.GS.T.) (Input S.GS.T. + Input C.G.S.T.)
= (₹ 360 + ₹ 360) – (₹ 300 + ₹ 300) = ₹ 720 – ₹ 600 = ₹ 120
Question 3.
A microwave oven having a marked price of 22000 was sold by a dealer in Patna (Bihar) toa consumer in Gaya (Bihar) at a discount of 25%. If the rate of GST is 18%, calculate the IGST, CGST and SGST charged from the consumer. Also, determine the total amount of bill.
Solution:
Since, it is a case of intra-state transaction of goods and services,
∴ CGST = SGST = \(\frac { 1 }{ 2 }\) x GST and IGST = Nil
Given, Marked price of microwave = ₹ 22,000
Discount % = 25%
Discount amount = 25% of ₹ 22000 = \(\frac { 25 }{ 100 }\) × 22000 = ₹ 5500
∴ S.P. of microwave for wholesaler = M.P. – Discount = ₹ 16500
Also, given rate of GS.T. = 18%
∴ CGST = SGST = \(\frac { 1 }{ 2 }\) x 18% = 9%
Hence, CGST = SGST 9% of ₹ 16500 = \(\frac { 9 }{ 100 }\) x 16500 = ₹ 1485
Now total bill amount S.P. of Microwave + CGST + SGST
= ₹ 16500 + ₹ 1485 + ₹ 1485 = ₹ 19470
Question 4.
A dealer in Mumbai sold a telescope to an end-user in Bangalore. The marked price of the telescope was ₹ 25000 and the dealer of tred a discount of 20%. If the rate of GST is 28%, calculate the IGST, CGST and SGST charged from the end-user. Also determine the total amount of bill,
Solution:
Since, it is a case of inter-state transaction of goods and services
∴ IGST = GST
and CGST = SGST = Nil
Given, Marked price of telescope = ₹ 25000
Discount % = 20%
Discount amount = 20% of ₹ 25000 = \(\frac { 20 }{ 100 }\) x 25000 = ₹ 5000
∴ S.P. of telescope = MP. – discount amount = ₹ (25000 – 5000) = ₹ 20000
Also, given rate of GST = 28%
∴ IGST = GST = 28%
∴ IGST = 28% of ₹ 20000 = \(\frac { 28 }{ 100 }\) x 20000 = ₹ 600
Now, total bill amount = S.P. telescope + IGST = ₹ 20000 + ₹ 5600 = ₹ 25600
Question 5.
A dealer purchased a music system from the manufacturing company for ₹ 25000 and sold it to a consumer at a profit of 20%. If the rate of GST is 18%, calculate
(i) the amounts of Input CGST and Input SGST for the dealer
(ii) the amount of GST payable by dealer to the Governmcnt
(iii) the amount that the consumer has to pay for the music system
(Assume that all transactions take place in the same state)
Solution:
Since, it is a case of intra state transaction of goods and services
∴ CGST = SGST = \(\frac { 1 }{ 2 }\) x GST
(i) Given, S.P. ola music system for manufacturer = ₹ 25,000
Rate of GST = 18%
∴ CGST = 9% of ₹ 25000 = \(\frac { 9 }{ 100 }\) x 25000 = ₹ 2250
and SGST = 9% of ₹ 25000 = \(\frac { 9 }{ 100 }\) x 25000 = ₹ 2250
Hence, Input CGST = Input SGST for dealer = ₹ 2250
(ii) Also, dealer sold music system to consumer at a profit of 20%
∴ SP of u music system t1r dealer = ₹ 25000 + 20% of ₹ 25000 = ₹ 25000 + ₹ 5000 = ₹ 30000 and Rate of GST = 18%
∴ CGST = 9% of ₹ 30000 = \(\frac { 9 }{ 100 }\) x 30000 = ₹ 2700
and SGSI = 9% of ₹ 30000 = \(\frac { 9 }{ 100 }\) x 30000 = ₹ 2700
Hence. Output CGST and Output SGST for dealer = 2700
∴ The amount of GST payable by dealer to the government
= [Output CGST + Output SGST] – [Input CGST + Input SGST]
= [ ₹ 2700 + ₹ 2700] – [₹ 2250 + ₹ 2250] = ₹ 5400 – ₹ 4500 = ₹ 900
(iii) CR of music system for consumer = S.P. of music system + output CGST + output SGST
= ₹ 30000 + ₹ 2700 + 2700 = ₹ 35400
Question 6.
A registered computer engineer provides computer maintenance services to five different companies.
He offers different discounts to different companies depending upon their payment terms.
| Company | C1 | C2 | C3 | C4 | C5 |
| Service costs (in ₹) | 8200 | 12100 | 13600 | 8000 | 12500 |
| Discount | 30% | 25% | 20% | 15% | 10% |
If the rate of GST is 18 %, calculate the output GST for the computer engineer.
Solution:
∴ The output GST for the computer engineer = ₹ 1033.20 + ₹ 1633.50 + ₹ 1958.40 + ₹ 1224 + ₹ 2025 = 7874.10
Question 7.
Mr. Kumar a registered dealer purchased goods worth ₹ 40000 from a dealer (within the same state). If the rate of GST is 18%.
(i) Calculate the Input COSI and the Input SUSE
(ii) If the sold these goods to Mr. Dcv (within the state) for ₹ 50000, calculate Mr Kumar’s output CGST and output SGST.
(iii) Calculate the CGS I’ and SOST payable by Mr. Kurnar.
Solution:
Since, it is a case of intra state transaction of goods/services.
∴ CGST = SGST = \(\frac { 1 }{ 2 }\) x GST
(i) Given, rate of GST 18%
Hence, CGST = SGST = 9%
SP of goods for a dealer = ₹ 40,000
∴ CGST = 9% of ₹ 40000 = \(\frac { 9 }{ 100 }\) x ₹ 40000 = ₹ 3600
and SOST = 9% of ₹ 40000 = \(\frac { 9 }{ 100 }\) x ₹ 40000 = ₹ 3600
hence. Input CGST = Input SOST for registered dealer. Mr. Kumar ₹ 3600
(ii) SP of goods for Mr. Kurnar = ₹ 50.000
∴ CGST = 9% of ₹ 5000 = \(\frac { 9 }{ 100 }\) x 5000 = ₹ 4500
and SGST = 9% of ₹ 50000 = \(\frac { 9 }{ 100 }\) x 50000 = ₹ 4500
Hence, output CGSI = Output SGST for Mr. Kumar = ₹ 4500
(iii) CGST payable by Mr. Kumar to the government = Output COST – Input COST
= ₹ 4500 – ₹ 3600 = ₹ 900
Also SGST payable by Mr. Kumar to the government = Output SGST – Input SGST
= ₹ 4500 – 3600 = ₹ 900
Question 8.
A shopkeeper buys a machine at a discount of 20% from the wholesaler. The printed price of the machine is ₹ 16000 and the raie of GST is 8%. The shopkeeper sells it to the consumer at the printed price. Calculate.
(i) the price at which the machrnc is bought by the consumer
(ii) the COST and the SGST payable by the shopkeeper to the Government assuming that all the transactions were intrastate.
Solution:
Since, it is a case of intra-state transaction of goods and services.
∴ CGST = SGST x \(\frac { 1 }{ 2 }\) x GST
Given, Printed price of the machine = ₹ 16.000
and kate of GST = 8%
and discount rate = 20%
∴ SP. of machine for wholesaler = ₹ 16000 – 20% of ₹ 16000 = ₹ 12,800
Now, CGST = 4% of ₹ 12,800 = \(\frac { 4 }{ 100 }\) x 12800 = ₹ 512
and SGST = 4 % of ₹ 12800 = \(\frac { 4 }{ 100 }\) x 12800 = ₹ 512
Hence, Input CGST = Input SGST for shopkeeper = ₹ 512
(i) SP. of the machine for shopkeeper = ₹ 16000
∴ CGST = 4% of ₹ 16000 = \(\frac { 4 }{ 100 }\) x 16000 = ₹ 640
and SGST = 4% of ₹ 16000 = \(\frac { 4 }{ 100 }\) x 16000 = ₹ 640
Hence, Output COST = Output 5GST for the shopkeeper = ₹ 640
Total amount paid by the consumer = S.P. of the machine + CGSI + SGST = ₹ 16000 + ₹ 640 + ₹ 640 = ₹ 17280
(ii) CGST payable by the shopkeeper to the government Output CGST – Input SGST
= ₹ 640 – ₹ 512 = ₹ 128
and SGST payable by the shopkeeper to the government = Output SGS – Input SGST
= ₹ 640 – ₹ 512 = ₹ 128
Question 9.
A wholesaler buys a machine from the manufacturer 11w 25000. He marks the price of the machine 20% above his cost price and sells it to a retailer at 10% discount on the marked price If the rate of GST is 18% and assuming that all transactions occur within the same state, calculate
(i) the marked price of the machine
(ii) retailers cost price inclusive of GST
(iii) the CGST and SGST payable by the wholesaler to the government
Solution:
Since, it is a case of intra-state transaction of goods and services.
∴ CGST = SGST = \(\frac { 1 }{ 2 }\) x GST
Given, Sale price of the machine for rnanutcrurcr = ₹ 25,000
and rate of GST = 18%
∴ CGST = 9% of ₹ 25,000 = \(\frac { 9 }{ 100 }\) x 25000= ₹ 2250
and SGST = 9% of ₹ 25,000 = \(\frac { 9 }{ 100 }\) x 25000 = ₹ 2250
Hence, Input CGST = Input SGST for wholesaler ₹ 2250
(i) Thc wholesaler marks the price of machine at 20 above the cost price.
∴ Marked price of the machine = ₹ 25000 + 20% of ₹ 25000
= ₹ 25000 + \(\left(\frac{20}{100} \times 25000\right)\) = ₹ 25000 + 5000 = ₹ 30000
(ii) The wholesaler further sells the machine at a discount of 10% to the retailer.
∴ SP. of the machine for wholesaler = ₹ 30000 – 10% of ₹ 3000
= ₹ 30000 – \(\left(\frac{10}{100} \times 30000\right)\) = ₹ 30000 – 3000 = ₹ 27000
∴ CGST = 9% of ₹ 2700 = \(\frac { 9 }{ 100 }\) x 27000 = ₹ 2430
and SGST = 9% of ₹ 27000 = \(\frac { 9 }{ 100 }\) x 2700 = ₹ 2430
Hence, Output CGST = Output SGST for the wholesaler = ₹ 2430
Total amount paid by the retailer = S.P. of the machine + CGST + SGST
= ₹ 27000 + ₹ 2430 + ₹ 2430 = ₹ 31860
(ii) CGST payable by the wholesaler to the government = Output CGST – Input SGST
= ₹ 2430 – ₹ 2250 = ₹ 180
and SGST payable by the shopkeeper to the government Output SGST Input SGST
= ₹ 2430 – ₹ 2250 = ₹ 180
Question 10.
A manufacturer sells a dish washer to a wholesaler for ₹ 18000. The wholesaler sells it to a dealer at a profit of ₹ 1500 and the dealer sells it to a consumer at a profit of ₹ 2500. If the rate of GST is 12% and assuming that all transactions occur within the same slate, calculate
(i) the total amount of GST received by the central and the state governments on the sale of this dish washer from the manufacturer to the consumer.
(ii) the amount paid by the consumer for the dish washer.
Solution:
(i) Since, it is a case of intra-state transaction of goods and serices
∴ CGST = SGST= \(\frac { 1 }{ 2 }\) x GST
Given, Sale prive ol’ the dish washer fur manutäcturer = ₹ 18,000
and rate of GST = 12%
∴ CGST paid by wholesaler 6% of ₹ 18,000 = \(\frac { 6 }{ 100 }\) x 18000 = ₹ 1080
and SGST paid by wholesaler = 6% of ₹ 18,000 = \(\frac { 6 }{ 100 }\) x 18000 = ₹ 1080
Hence, Input CGST = Input SGST for wholesaler = ₹ 1080
The wholesaler sells it to a dealer at a profit of ₹ 1500
∴ S.P. of the machine for wholesaler = ₹ 18000 + ₹ 1500 = ₹ 19500
∴ CGST paid by rerailer = 6% of ₹ 19500 = \(\frac { 6 }{ 100 }\) x 19500 = ₹ 1170
and SGST paid by retailer = 6% of ₹ 19500 = \(\frac { 6 }{ 100 }\) x 19500 = ₹ 1170
Hence, output CGST = output SGST for the wholesaler = ₹ 1170
and Input CGST and Input CGST for the retailer = ₹ 1170
Total amount paid by die retailer = SP. of the machine + CGST + SGST
= ₹ 19500 + ₹ 1170 + ₹ 1170 = ₹ 21840
The retailer sells it to a consumer at a profit of ₹ 2500
∴ SP of the machine for dealer = ₹ 19500 + ₹ 2500 = ₹ 22000
∴ CGST paid by consumer = 6% of ₹ 22000 = \(\frac { 6 }{ 100 }\) x 22000 = ₹ 1320
and SGST paid by consumer = 6% of ₹ 22000 = \(\frac { 6 }{ 100 }\) x 22000 = ₹ 1320
Hence. Output COST = Output SOST for the retailer ₹ 1320
The total amount received by the GST received by the Central Government on the sale of this dish
washer from the manufacturer to the consumer is ₹ 1320 and by the State Government is ₹ 1320.
(ii) Total amount paid by the consumer = S.P. of the machine – CGST + SGST
= ₹ 22000 + ₹ 1320 + ₹ 1320 = ₹ 24640
Question 11.
A shopkeeper bought an air conditioner at a discount of 20% from a wholesaler, the printed price of the air conditioner being ₹ 28000. The shopkeeper sells it to a consumer at a discount of 10% on the printed price. If the GST rate is 18%, find
(i) the CGST and SGST payable by the shopkeeper to the Government.
(ii) the total amount paid by the consumer for the air conditioner
Solution:
Since, it is a case of intra-state transaction of goods and services.
∴ CGST = SGST = \(\frac { 1 }{ 2 }\) x GST
Given, Marked price of the air conditioner for wholesaler = ₹ 28,000
Discount price = 20%
S.P. of the air conditioner for wholesaler ₹ 28,000 – 20% of ₹ 28,000 = ₹ 28,000 – ₹ 5,600 = ₹ 22,400
and Rate of GST = 18%
∴ CGST = 9% of ₹ 22.400 = \(\frac { 9 }{ 100 }\) x 22400 = ₹ 2016
and SGST = 9% of ₹ 22,400 = \(\frac { 9 }{ 100 }\) x 22400 = ₹ 2016
Hence, Input CGST = Input SGST for shopkeeper = ₹ 2016
The shopkeeper further sells the air conditioner at a discount of 10% to the consumer on the printed price.
∴ S.P. of the machine for shopkeeper = ₹ 28000 – 10 % of ₹ 28000
= ₹ 28000 – (\(\frac { 10 }{ 100 }\) x 28000) = ₹ 28ooo – 28o0 = ₹ 25200
∴ CGST = 9% of ₹ 25200 = \(\frac { 9 }{ 100 }\) x 25200 = ₹ 2268
and SGST 9% of 25200 x 25200 2268
Hence, output CGST = output SGST for the shopkeeper = ₹ 2268
(i) CGST payable by the shopkeeper to the government = Output GST – Input SGST
= ₹ 2268 – ₹ 2016 = ₹ 252
and SGST payable by the shopkeeper to the government = Output SGST – Input SGST
= ₹ 2268 – ₹ 2016 = ₹ 252
(ii) ThtaI amount paid by the retailer = S.P. of the machine + CGST + SGST
= ₹ 25200 + ₹ 2268 – ₹ 2268 = ₹ 29736