|
A manufacturing company produced a machine and sold it to a distributer for ₹14000.00 not including tax, tax rate being 7.00%. The distributor sold it to a retailer for ₹21000.00 plus tax of ₹1470.00 . The retailer sold the machine to the consumer for ₹26250.00 plus tax of ₹1837.50 . Calculate the total amount of tax (under VAT) received by the State Government on this machine. |