a product is sold from Kota (Rajasthan) to Gwalior (MP) for 8000 rupees and then from Gwalior to Indore( MP) if the rate of tax under GST system is 18% and the profit made by the dealer in Gwalior is rupees 3000 find
1) net GST payable by the dealer in Gwalior and
2)cost price of the dealer in Indore
Cost price at Gwalior =8000
Profit=3000
So at Gwalior = 8000+3000=1100
CGST = SGST = 9/100 * 11000 = 900
net gst at Gwalior = 990 + 990 = 1980
CP at Indore = 11000 + 990 + 990 = ₹12980