Check sibling questions

Q1

Purchase Price of First Stage Dealer

   
PURCHASE 160000
EXCISE DUTY 16000
TOTAL 176000

Suppose he wants to earn profit of 10000

How much Excise duty should he charge  in this case?

Prepare his Sales Bill

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Q2

How  much Excise duty will be paid by Different Parties in this case?

Case When First Stage Dealer Earns Profit on Transaction  - Concept of First Stage Dealer

 

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Q3

Purchase Price of First Stage Dealer

   
PURCHASE 160000
EXCISE DUTY 16000
TOTAL 176000 

Suppose he wants to sell half goods and earn 6000 Profit

Make Sales Bill

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 Q4

Purchase Bill of First Stage Dealer

   
Purchase 300000
(60000Kg*5)  
Add  
Ed 12.5% 37500
Total 337500
Vat 5% 16875
Total 354375

Suppose He Sells 60000Kg*7,Make Bill

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Suppose he Sells 23000Kg*8,Make Bill

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Davneet Singh

Davneet Singh is a graduate from Indian Institute of Technology, Kanpur. He has been teaching from the past 12 years. He provides courses for Maths and Science at Teachoo.