A manufacturer sold a bicycle for Rupees 4000 to the wholesaler. Wholesaler sold it to the retailer for Rupees 4800. Retailer sold it to a customer for Rupees 5200. Complete the following activity to find the payable GST at each stable of trading.

A manufacturer sold a bicycle for Rupees 4000 to the wholesaler. Whole

1.	A manufacturer sold a bicycle for Rupees 4000 to the wholesaler. Wholesaler sold it to the retailer for Rupees 4800. Retailer sold it to a customer for Rupees 5200. Complete the following activity to find the payable GST at each stable of trading.
Answer» Output tax for manufacturer `= 12% ` fo Rupees 4000 `= square =square ` GST payable by the manufacturer = Rupees 480 Output tax of wholesaler `= 12 %` of Rupees 4800 `= ( 12) / ( 100) xx 4800 = square ` GST payable by wholesaler =Output tax - Input tax `= Rupees ( 576 - 480 ) = Rupees 96` Output tax of retailer `= 12 % ` of 5200 `= square ` GST payable by retailer = Output tax - Input tax = Rupees `square` - Rupees `square `= Rupees 48 Activity `:` Output tax of manufacturer `= 12%` of Rupees 4000 `= (12)/( 100) xx 4000` `= Rupees 480` GST payable by the manufacturer = Rupees 480 Output tax of wholesaler `= 12 %` of Rupees 480 `= ( 12)/( 100) xx 4800 = Rupees 576` GST payable by wholesaler = Output tax - Input tax `= Rupees ( 576 - 480) = Rupees 96` Output tax of retailer `= 12 ` of 5200 `= ( 12)/( 100) xx 5200 = Rupees 624` GST payable by retailer = Output tax - Input tax = Rupees 624- Rupees 576 = Rupees 48