Question

a dealer in agra sold an led to a customer in agra for 28000 if sgst is 2520 then the rate of gst is


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Answer 1

Given: a dealer in agra sold an led to a customer in agra for 28000

sgst is 2520

To Find : Rate of GST

Solution:

a dealer in agra sold an led to a customer in agra for 28000

Let say GST rate = x %

GST = ( x/100)28000  = 280x  

Transaction is with in the same state

SGST = CGST = GST/2

=> SGST = 280x/2

=> SGST = 140x

=> 2520 = 140x

=> 252 = 14x

=> x = 18

Rate of GST = 18 %

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Answer 2

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Given: a dealer in agra sold an led to a customer in agra for 28000

sgst is 2520

To Find: Rate of GST

Solution:

a dealer in agra sold an led to a customer in agra for 28000

Let say GST rate = x %

GST = (x/100)28000 = 280x

Transaction is with in the same state

SGST=CGST GST/2

=> SGST = 280x/2

=> SGST = 140x

=> 2520 140x

=> 252 = 14x

=> x = 18

Rate of GST = 18%

89. A shopkeeper sold a bicycle to a customer for Rs. 10304...