Check sibling questions

  Case 9

Suppose a dealer makes purfchase within state and sells outside state as follows

Purchase

B LTD
Purchase 80000
Vat 12.5% 10000
  90000

 

Sales

Z LTD
Sale 120000
Cst 2% 2400
  122400
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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.