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A dealer A in Bihar buys an article for ...

A dealer A in Bihar buys an article for Rs. 5,000 from a dealer B in Punjab. The dealer A sells this artic,e for Rs. 6,000 to a dealer C in the same state. If the rate of GST at each stage is `18%`, find :
the price (including GST) paid by the dealer C.

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The correct Answer is:
To solve the problem step by step, we will calculate the price paid by dealer C, including GST. ### Step 1: Identify the Selling Price of Dealer A Dealer A sells the article to dealer C for Rs. 6,000. ### Step 2: Determine the Cost Price for Dealer C The cost price for dealer C is the selling price of dealer A, which is Rs. 6,000. ### Step 3: Calculate the GST on the Selling Price The GST rate is given as 18%. Since both dealers A and C are in the same state, the GST will be divided into CGST and SGST, each being 9% of the selling price. ### Step 4: Calculate CGST CGST = 9% of Rs. 6,000 \[ \text{CGST} = \frac{9}{100} \times 6000 = 540 \text{ Rs.} \] ### Step 5: Calculate SGST Since SGST is equal to CGST, we have: \[ \text{SGST} = 540 \text{ Rs.} \] ### Step 6: Calculate Total GST Total GST = CGST + SGST \[ \text{Total GST} = 540 + 540 = 1080 \text{ Rs.} \] ### Step 7: Calculate the Total Price Paid by Dealer C The total price paid by dealer C includes the cost price plus the total GST. \[ \text{Total Price} = \text{Cost Price} + \text{Total GST} \] \[ \text{Total Price} = 6000 + 1080 = 7080 \text{ Rs.} \] ### Final Answer The price paid by dealer C, including GST, is Rs. 7,080. ---
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ICSE-GST [GOODS AND SERVICES TAX] -Exercise 1(B)
  1. A dealer A in Bihar buys an article for Rs. 5,000 from a dealer B in P...

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  2. Fill in the blanks : When the goods/services are sold for Rs. 15,000...

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  3. Goods/services are sold from Agra (U.P.) to Kanpur (U.P.) for Rs. 20,0...

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  4. Goods/services are sold from Agra (U.P.) to Kanpur (U.P.) for Rs. 20,0...

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  5. Goods/services are sold from Kota (Rajasthan) to Mumbai for Rs. 20,000...

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  6. A is a dealer in Banaras (UP). He supplies goods/services worth Rs. 8,...

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  7. A is a dealer in Meerut (UP). He supplies goods/services, worth Rs. 15...

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  8. A is a dealer in Meerut (UP). He supplies goods/services, worth Rs. 15...

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  9. A dealer X in Hapur (UP) supplies goods/services, worth Rs. 50,000 to ...

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  10. A dealer X in Hapur (UP) supplies goods/services, worth Rs. 50,000 to ...

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  11. Consultancy services, worth Rs. 50,000 are transferred from Delhi to C...

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  12. Consultancy services, worth Rs. 50,000 are transferred from Delhi to C...

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  13. Consultancy services, worth Rs. 50,000 are transferred from Delhi to C...

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  14. For a dealer A, the list price of an article is Rs. 9,000. which he se...

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  15. The marked price of an article is Rs. 6,000. A wholesaler sells it to ...

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  16. A is a manufacturer fo T.V. sets in Delhi. He manufactures a particula...

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  17. For a trader, marked price of a refigerator = Rs. 15,680 exclusive GST...

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