Calculation of Goods and Service Tax (GST) and its application in our daily life with sums.
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Step-by-step explanation:
GST can be calculated simply by multiplying the Taxable amount by GST rate. If CGST & SGST/UTGST is to be applied then CGST and SGST both amounts are half of the total GST amount. For example, GST including amount is Rs. 525 and GST rate is 5%.
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