Question

GST calculate on ________​

Answer 1

The different slabs for GST are 5%, 12%, 18% and 28%. GST calculation can be explained by simple illustration

Answer 2

Answer:

The formula for GST calculation:

Add GST: GST Amount = (Original Cost x GST%)/100. Net Price = Original Cost + GST Amount.

Remove GST: GST Amount = Original Cost – [Original Cost x {100/(100+GST%)}] Net Price = Original Cost – GST Amount.

Step-by-step explanation:

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