Mathematics Class 10 th

Goods
and
Service
Tax(GS
T)
 GST
• GST is the amount of indirect tax levied by the
Central and State Government on the sale and
purchase of goods and services. It is based on
the principle of ‘One Nation, One Tax.’
• Goods: Every physical object that can be sold
for money.
• Services: Anything that cannot be seen or
touched. For example, doctors looking after
their patients, teacher at a school, etc.
 Types of GST
SGST (State GST): the amount of GST collected by the
State Government.

CGST (Central GST): the amount of GST collected by the

Central Government.

• Intra-State: When the GST is

collected on the sale of goods or
services within the same state. For
example, if a shopkeeper in
The GST is Allahabad sells a washing machine to
collected in two a consumer in Allahabad.
ways: • Inter-State: When the GST is
collected on the sale of goods or
services in different states. For
example, a dealer in Varanasi sells a
car to a customer in Allahabad.
Input GST: GST paid by
the dealer is called INPUT
GST.
Output GST: GST paid by
the consumer is called
OUTPUT GST.
 How is GST levied?
GST is levied by the
Government on the basis of
where sale is made.

SGST+CGST IGST (Integrated

If the sales are intra-state, then the
amount collected under GST is If theGST)
sales are inter-
divided between Central and State state, then a single GST is
Governments. levied where the amount
Rate of GST becomes HALF. goes only to the Central
Govt.
For example if the rate of gst is 12%,
then 6% goes to State Govt. and 6% Rate of GST remains the
goes to Central Govt. SAME
Question 1: Manufacturer A sells a washing machine to a dealer B for Rs.
12,500. The dealer B sells it to a consumer C at a profit of Rs. 1500. If
the sales are intra-state and the rate of GST is 12%. Find:
(1) the amount of tax (under GST) paid by B to Central Govt.
(2) the amount of tax (under GST) received by the State Govt.
(3) the amount that the consumer pays for the machine.
Question 2: A retailer buys a TV from a manufacturer for Rs. 25000. He
marks the price of the TV 20% above his CP and sells it to a consumer at
10% discount on the MP. If the sales are intra-state and the rate of GST
is 12%, find:
(1) the MP of the TV.
(2) Consumer’s CP for the TV inclusive of tax.
(3) GST paid by the retailer to the Central and State Govt.
Question 3: The printed price of a carpet is Rs. 2500. A wholesaler in West Bengal
buys the carpet from a manufacturer in Delhi at a discount of 12% on the printed
price. The wholesaler sells the carpet to a retailer in Bihar at 32% above the MP.
If the rate of GST is 5%, find:
(1) the price inclusive of the tax at which the wholesaler bought the carpet.
(2) the price inclusive of the tax at which the retailer bought the carpet.
(3) the tax paid by the wholesaler to the Govt.
(4) the tax received by the Central Govt.
ICSE 2020: Mr. Bedi visits the market and buys the following article:
Medicines costing Rs. 950, GST @ 5%
A pair of shoes costing Rs. 3000, GST @ 18%
A Laptop Bag costing Rs. 1000 with a discount of 30%, GST @ 18%.
(i) Calculate the total amount of GST paid
(ii) The total bill amount including GST paid by Mr. Bedi.