Question

courier service agent charged 84rs for the service on the taxable value 700rs .find the rate of GST.find the amount of SGST​

Answer 1

Answer:

12% GST

Step-by-step explanation:

Taxable value=700

Tax charged =84

Rate of Gst= 84/700×100

=12%

so rate of GST is 12%

SGST Act expands to State Goods and Service Tax.

Answer 2

Rat of GST=12%

Amount of SGST=RS 84

Step-by-step explanation:

Given:Service charge=Rs 84

Taxable value=Rs 700

Rate of GST=$\frac{service\;charge}{Taxable\;value}\times 100$

Using the formula

Rate of GST=$\frac{84}{700}\times 100=12$%

Therefore, the rate of GST=12%

We know that

Rate of GST=Rate of SGST

Rate of SGST=12%

12% of Rs 700=Rs 84

Amount of SGST=RS 84

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