Case 9

Suppose a dealer makes purfchase within state and sells outside state as follows

Purchase

B LTD
Purchase 80000
Vat 12.5% 10000
  90000

 

Sales

Z LTD
Sale 120000
Cst 2% 2400
  122400
View Answer

 

Go Ad-free
CA Maninder Singh's photo - Co-founder, Teachoo

Made by

CA Maninder Singh

CA Maninder Singh is a Chartered Accountant for the past 14 years. He also provides Accounts Tax GST Training in Delhi, Kerala and online.