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ICSEClass 10MathematicsGoods And Service Tax (GST)03 Mark2023 Easy

QQuestion

Mrs. Arora bought the following articles from a departmental store:

S.No. Item Price Rate of GST Discount
1 Hair oil ₹1200 18% ₹100
2 Cashew nuts ₹600 12% —

Find:

(a) the total GST paid

(b) the total bill amount including GST.

Exam-ready answer • 03 Mark

Answer

(a) Taxable value of hair oil = ₹1200 − ₹100

Taxable value of hair oil = ₹1100

GST on hair oil = 1100\times\frac{18}{100}

GST on hair oil = ₹198

Taxable value of cashew nuts = ₹600

GST on cashew nuts = 600\times\frac{12}{100}

GST on cashew nuts = ₹72

Total GST = ₹198 + ₹72

Therefore, total GST paid = ₹270.

(b) Total taxable value = ₹1100 + ₹600

Total taxable value = ₹1700

Total bill amount including GST = ₹1700 + ₹270

Therefore, the total bill amount including GST is ₹1970.

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