Question

a share broker received brokerage of RS5000 and paid RS900 as GST on brokerage.what is the rate of GST?​

Answer 1

Answer:

the answer is 18%

Explanation:

If we consider taxable value as 5000rs then if we apply 18% gst on 5000rs then the answer will be 900rs tht means tht the rate of gst is 18%

Answer 2

Answer:

18%

Explanation:

If we consider taxable value as 5000 rs then if we apply 18% GST on 5000 rs then the answer will be 900 rs that means  the rate of GST is 18%