Advertisements
Advertisements
प्रश्न
A manufacturer buys raw material for ₹ 25000, paying GST at the rate of 5%. He sells the product formed to a shopkeeper at a profit of 20%. The rate of GST for the products formed is 18%, find the tax liability of the manufacturer.
बेरीज
Advertisements
उत्तर
ITC = `25000xx5/100`
= 1250
Profit = `25000xx20/100`
= 5000
Selling price = 25000 + 5000
= 30000
Output tax = `30000xx18/100`
= 5400
Tax Liability = Output tax – ITC
= 5400 – 1250
= 4150
shaalaa.com
या प्रश्नात किंवा उत्तरात काही त्रुटी आहे का?
