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A wholesaler purchased electric goods fo...

A wholesaler purchased electric goods for the taxable amount of ₹1,50,000. He sold it to the retailer for the taxable amount of ₹1,80,000. Retailer sold it to customer for ₹2,20,000. Rate of GST is 18%. Show the computation of GST in tax invoices of sales. Also find the payable CGST and payable SGST for wholesaler and retailer.

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CHETANA PUBLICATION-Financial Planning-EXERCISE
  1. A wholesaler purchased electric goods for the taxable amount of ₹1,50,...

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  2. Alka spends 90% of the salary she receives every month.Her monthly sal...

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  3. Mr.Shaikh invested ₹40,000 in a business.At the end of the year,he rec...

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  4. Answer the following questions: State two methods of concentration of...

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  5. If financial year is 2017-2018 then which year is considered as Assess...

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  6. Answer the following questions based on PAN:(a)Write the full form of ...

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  7. Answer the following questions based on PAN:(b)How many alphanumeric n...

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  8. Answer the following questions based on PAN:(c)Write any one use of PA...

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  9. Radha spents 90% of her income and donates 3% for socially useful caus...

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  10. Deepak invested ₹3,70,000 at 5.5% simple interest in a bank.What amoun...

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  11. Mrs.Reshma Joshi invested ₹1,20,000 in a fixed deposit and in shares i...

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  12. Rate of GST (%) on essential commodities is………a)0.05 b)0.12 c)0 d)0.18

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  13. The tax levied by the central government for trading within state is……...

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  14. GST system was introduced in our country from…………..a)31st March 2017 b...

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  15. The rate of GST on stainless steel utensils is 18%, then the rate of S...

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  16. In the format of GSTIN there are ………….alpha-numerals. a)10 b)16 c)9 d)...

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  17. The business between two GSTIN businessmen is known as…………a)BB b)BC c)...

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  18. If the face value of a share is ₹100 and Market value is ₹75,Then whic...

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  19. What is the amount of dividend received per share of face value ₹10 an...

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  20. The NAV of a unit in mutual fund scheme is ₹10.65 then find the amount...

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  21. Rate of GST on brokerage is

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