Question
The maximum number of monthly instalments permissible
under 80 of India's GST law is:Solution
Under Section 80 of India's GST law, the Commissioner can allow a maximum of 24 monthly instalments (two years) for paying tax or other dues, but this excludes self-assessed tax and requires interest payment, with immediate recovery of the full balance if a single instalment is missed.
A man sold 30 articles for ₹100 and gained 20%. The number of articles he bought for ₹100 was:
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'A' purchased an article and sold it to 'B' at 10% profit. 'B' marked it up by 15% above the price at which 'A' has purchased it and then sold it after ...
A shopkeeper sells an article for Rs 78 and earns double the profit that he would have earned on selling this article for Rs 69. Find the C.P of this ar...
A milkman purchases 25 liters of milk from a dairy for Rs.800 and sells it at the rate of 33.50 per liter. What is the profit or loss %? (rounded off)
