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A dealer from Banaras supplies goods/services, worth ₹ 1,00,000 to a dealer in Bangalore at 30% discount. If the rate of GST is 5%, find the amount of bill in Bangalore.

GST

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Answer

For dealer in Bangalore,

C.P. of goods = S.P. for dealer in Banaras - Discount

= ₹ 1,00,000 - ₹ 30100×1,00,000\dfrac{30}{100} \times 1,00,000

= ₹ 1,00,000 - ₹ 30,000

= ₹ 70,000.

Since, transaction is inter-state.

So, IGST = 5%

Amount of bill = C.P. + IGST

= ₹ 70,000 + 5100×70000\dfrac{5}{100} \times 70000

= ₹ 70,000 + ₹ 3500

= ₹ 73,500.

Hence, amount of bill in Bangalore = ₹ 73,500.

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