Exercises · Q8
Q.A manufacturer in Maharashtra sells goods worth Rs 1,00,000 to a buyer in Karnataka. The GST rate is 12%. Calculate the GST payable and the total invoice value.
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Start your 14-day free trial to unlock the full solution →Step 1 — Identify the type of supply. The seller is in Maharashtra and the buyer in Karnataka — different states — so this is an inter-state supply. A single IGST at the full rate (12%) is charged; there is no CGST/SGST split.
Step 2 — Compute the tax.
| Item | Rate | Amount (Rs) |
|---|---|---|
| Taxable value | — | 1,00,000 |
| IGST | 12% | 12,000 |
| Invoice value | — | 1,12,000 |
IGST = 12% of 1,00,000 = 0.12 × 1,00,000 = Rs 12,000. Invoice value = 1,00,000 + 12,000 = Rs 1,12,000. …
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