Question

GST is charged on the cost price of an article . It is calculated as - ?​

Answer 1

Answer:

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%.

Step-by-step explanation:

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Answer 2

Answer:

Let's take GST as = 15%

Therefore, the price of the article = ₹100

Price after GST is included = ₹ (100 + 15) = ₹115

The price after adding GST is ₹115

Step-by-step explanation:

So, you can easily calculate the GST tax.

Here's an example from my textbook.

Hope this helps! :)