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

Question

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  (A)  (B)  (C)  (D)

Tardigrade Admin · Accepted Answer

The input tax credit for the dealer in Bhopal =12 % text of 24,000 =(12/100) × 24,000=â¹ 2,880

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 ___

The input tax credit for the dealer in Bhopal =12% of 24,000 =10012​×24,000=₹2,880

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