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Some goods/services cost Rs. 16,000 and the rate of GST on them is 12%. Find the amount of bill, in case of : (i) intra-state transaction. (ii) inter-state transaction. - Mathematics

Sum

Some goods/services cost Rs. 16,000 and the rate of GST on them is 12%. Find the amount of bill, in case of :
(i) intra-state transaction.
(ii) inter-state transaction.

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Solution

intra-state transaction:

Good Value = Rs 16000

SGST = `(12/2) = 6 %  = (6/100)xx16000`

= Rs. 960

CGST = `(12/2) = 6 %  = (6/100)xx16000`

= Rs. 960

Total Amount = 16000 + 960 + 96 = Rs.17920 

inter-state transaction:

Good Value = Rs. 16000

IGST = `12 %  = (12/100)xx16000` = Rs.1920

Total Amount = 16000 + 1920 = 17920

Concept: Gst Comprises of
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APPEARS IN

Selina Concise Mathematics Class 8 ICSE
Chapter 8 Profit, Loss and Discount
Exercise 8 (F) | Q 1 | Page 104
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