Choose the correct option :-

Ques 1. When the goods/services are sold from Mumbai to Pune, What type of transaction tak

By Eva

Choose the correct option :-

Ques 1. When the goods/services are sold from Mumbai to Pune, What type of transaction take place?
(a) Intra-state transaction i.e., transaction within the same state.
(b) Inter-state transaction i.e., transaction within different states.

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Eva

2 thoughts on “Choose the correct option :-<br /><br />Ques 1. When the goods/services are sold from Mumbai to Pune, What type of transaction tak”

  1. From the question, we have

    For the dealer in Mumbai (inter-state transaction)

    CP = Rs. 20,000

    IGST = 12% of Rs. 20,000 = 12/100 x 20,000 = Rs. 2400

    Given, Profit = Rs. 5000

    SP = Rs. 25,000

    Now, for the dealer in Pune (intra-state transaction)

    CP = Rs. 25,000

    CGST = 6% of 25,000 = Rs. 1500

    SGST = 6% of 25,000 = Rs. 1500

    Thus, the GST payable by the end user at Pune is (1500 + 1500)Rs = Rs. 3000

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