Question

For the given trading chain prepare the tax invoice I, II, III, GST at the rate of 12% was chanrged for the article supplied.

 At the end what amount is paid by the consumer ?

Answer 1

Amount paid by the consumer for the article

= Taxable value of article to the retailer + GST payable by retailer

= ₹ 6,500 + ₹ 780

= ₹ 7,280