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  4. A cupboard manufacturer in Jaipur (Rajasthan) sold a cupboard to a dealer in Jodhpur (Rajasthan) for ₹20,000. This cupboard was then sold to a dealer in Ahmedabad (Gujarat) for ₹ 24,000. If the GST rate for the cupboard is 12 %, the input tax credit for the dealer in Ahmedabad will be

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Q. A cupboard manufacturer in Jaipur (Rajasthan) sold a cupboard to a dealer in Jodhpur (Rajasthan) for $₹20,000$. This cupboard was then sold to a dealer in Ahmedabad (Gujarat) for $₹ 24,000$. If the GST rate for the cupboard is $12 \%$, the input tax credit for the dealer in Ahmedabad will be ___

Goods and Services Tax (G.S.T.)

Solution:

The input tax credit for the dealer in Bhopal
$=12 \% \text { of } 24,000 $
$=\frac{12}{100} \times 24,000=₹ 2,880$