Chapter 1 – GST (30 marks) Time: 1hr 15 min

1. A manufacturer sells a clock of ₹ 5000 to a wholesaler. The wholesaler sells it to a

retailer and the retailer sells it to a consumer. GST charges is 18% and profit made
at each stage is ₹ 1000. If the sales are intra – state, calculate.
i. The tax paid by the wholesaler to the State Government.
ii. The tax paid by the retailer to the State Government.
iii. The total GST collected by the Central Government on the sale of the clock.
(3 marks)

2. A manufacturer marks a printer for ₹ 12000 and sells it at 15% discount to a

wholesaler. The wholesaler gives 10% discount on the Market Price to a shopkeeper.
The shopkeeper sells it at the Market Price and the GST charged is 12%. If all sales
are intra – state, find
i) The price paid by the wholesaler inclusive of tax.
ii) The amount of GST deposited with the Central Government by the
a) Wholesaler b) Retailer
iii) The price paid by the customer. (3 marks)

3. The marked price of a computer is ₹ 30,000 and the rate of GST is 18%. A
shopkeeper sells it at the marked price and pays ₹ 1080 as GST to the Government.
What is the price inclusive of tax paid by the shopkeeper at the time of buying?
(3 marks)

4. A wholesaler buys a TV from a manufacturer for ₹ 25000. He marks the price of

the TV 20% above his cost price and sells it to a retailer at a 10% discount on the
marked price. If the rate of GST is 28% find:
i) The marked price
ii) The retailer’s cost price inclusive of tax.
iii) The GST paid by the wholesaler to the State Government. (3 marks)

5. Mr. Bedi visits the market and buys the following articles:
Medicines costing ₹ 950, GST@5%;
A pair of shoes costing ₹ 3000, GST @ 18%.
A Laptop bag costing ₹ 1000 with a discount of 30%, GST @ 18%.
Calculate:
i) The total amount of GST paid.
ii) The total bill amount including GST paid by Mr. Bedi. (3 marks)

6. Kiran purchases an article for ₹ 5310 which includes 10% rebate on the marked
price and 18% tax (under GST) on the remaining price. Find the marked price of
the article. (3 marks)
7. A shopkeeper buy goods worth ₹ 4000 and sells these at a profit on 20% to a
consumer in the same state. If GST is charged at 5%, find;

i) The selling price (excluding tax) of the goods.

ii) CGST paid by the consumer.
iii) SGST paid by the consumer.
iv) The total amount paid by the consumer. (4 marks)

8. A manufacturer sells a TV to a dealer for ₹ 18000 and the dealer sells it to a

consumer at a profit of ₹ 1500. If the sales are intra – state and the rate of GST is
12%, find
i) The amount of GST paid by the dealer to the State Government.
ii) The amount of GST received by the Central Government.
iii) The amount of GST received by the State Government.
iv) The amount that the consumer pays for the TV. (4 marks)

9. A retailer buys a TV from a wholesaler for ₹ 40000. He marks the price of the T.V
15% above his cost price and sells it to a consumer at 5% discount on the marked
price. If the sales are intra – state and the rate of GST is 12%, find
i) The marked price of the TV
ii) The amount which the consumer pays for the TV
iii) The amount of tax (under GST) paid by the retailer to the Central
Government.
iv) The amount of tax (under GST) received by the State Government.
(4 marks)