Malik Gas Agency (Chandigrah Union Territory purchased some gas cylinders for industrial use for 24,500, and sold them to the local customer for 26,500. Find the GST to be paid at the rate of 5% and hence the CGST andd UTGST to be paid for this transaction. (for Union Territories there is UTGST instead of SGST).

Sandeep Electronics purchased ceiling fans for Rs. 50,176 (with GST) and sold them to the customers for Rs. 56,000 (with GST). The rate of GST is 12%. Find the amount of CGST and SGST to be paid by Sandeep Electronics. Also find the taxable value in each case.

A mototr agency purchased motor spare parts worth Rupees 50,500 from Chandigarh ( Union Territory) . The agency sold these motor spare parts to customers for Rupees 70,800 . Find the GST at the rate of 8%. Hence find CGST and UTGST.

Mr Raman purchase sewing machine for Rs. 8850 with G.S.T. and sold it to customer for Rs.10300 with G.S.T. The rate of G.S.T. is 18%. Find the C.G.S.T. and S.G.S.T. paid by Mr Raman.

Journalise the following. (i) Goods purchased for Rs. 5,000 were used by the proprietor for personal purposes. (ii) Rs. 200 due from Hari are bad debts. (It is not subject the levy of GST.) (iii) Goods uninsured of Rs. 3,000 (purchase cost) were destroyed by fire. (iv) Goods costing Rs. 1,000 damaged by fire and Insurance Company accepted claim of Rs. 800 and cheque is received from the Insurnace Company. (v) Goods costing Rs. 500 given as charity (Sales Price Rs. 600). (vi) Paid landlord Rs. 1,500 for rent. (vii) Sold household furniture for Rs. 5,000. It is not subject to levy of GST being personal asset of the proprietor. The proprietor. The proceeds were invested into business. All transactions (except otherwise stated) are subject to levy of CGST and SGST @ 9% each.

Journalise the following transactions in the boods of Rajan of Delhi: (i) Sold goods to Krishna of Delhi at the list price Rs. 20,000 less trade discount 10% add CGST and SGST @ 9% each., and allowed cash discount 5% , He paid the amount immediately. (ii) Supplied goods costing Rs, 6,000 to Mohan of Kolkata issued invoice at 10% abvove cost less 5% trade discount plus IGST @ 18% . (iii) Goods valued at Rs. 2,500 distributed from stock as samples, as part of an advertising campaign. These goods were purchased paying CGST and SGST @ 9% each. (iv) Anjan, a customer, to whom goods were sold, was allowed rebate of Rs 2, 000 because they were of poor quality. These goods were sold charging CGST and SGST @ 9% each. (v) Sold goods costing Rs 1,00,000 to Anil of Delhi at a profit of 20% on sales less 20% Trade Discount plus CGST and SGST @ 9% each and paid cartage Rs. 250 (Not to be charged from customer).

A manufacturer sold a machine to a whole sale dealer at a profit of 10%. The wholesale dealer sold it to a retailer at a profit of 20%. While transporting some defect occurred in the machine and hence the retailer sold it at a loss of 5%. The customer paid Rs. 627. Find the cost of the machine for the manufacturer. R s .500 b. R s .534 c. R s .600 d. R s .672