Advertisements
Advertisements
Question
In a transaction from Delhi to Lucknow, MRP = ₹ 10,000, discount = 10%, GST = 28%. Here IGST is ______.
Options
₹ 2520
₹ 5040
nil
none of these
MCQ
Fill in the Blanks
Advertisements
Solution
In a transaction from Delhi to Lucknow, MRP = ₹ 10,000, discount = 10%, GST = 28%. Here IGST is ₹ 2520.
Explanation:
Discounted sale price
= 10,000 × (1 – 0.10)
= ₹ 9,000
Since the supply is inter‑state (Delhi to Lucknow), IGST (full GST rate) applies and `"CGST"/"SGST"` = 0.
IGST = 28% of ₹ 9,000
= 0.28 × 9,000
= ₹ 2,520
GST is charged on the sale price after deducting discount.
shaalaa.com
Is there an error in this question or solution?
