Question

how can we find slab rate on income and GST​

Answer 1

Answer:

halla

Explanation:

The GST council has fitted over 1300 goods and 500 services under four tax slabs of 5%, 12%, 18% and 28% under GST. This is aside the tax on gold that is kept at 3% and rough precious and semi-precious stones that are placed at a special rate of 0.25% under GST. 7% goods and services fall under this category.

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Answer 2

Answer:

❥ ᴛʜᴇ ꜰᴏʀᴍᴜʟᴀ ꜰᴏʀ ɢꜱᴛ ᴄᴀʟᴄᴜʟᴀᴛɪᴏɴ:

• ᴀᴅᴅ ɢꜱᴛ: ɢꜱᴛ ᴀᴍᴏᴜɴᴛ = (ᴏʀɪɢɪɴᴀʟ ᴄᴏꜱᴛ x ɢꜱᴛ%)/100. ɴᴇᴛ ᴘʀɪᴄᴇ = ᴏʀɪɢɪɴᴀʟ ᴄᴏꜱᴛ + ɢꜱᴛ ᴀᴍᴏᴜɴᴛ.

• ʀᴇᴍᴏᴠᴇ ɢꜱᴛ: ɢꜱᴛ ᴀᴍᴏᴜɴᴛ = ᴏʀɪɢɪɴᴀʟ ᴄᴏꜱᴛ – [ᴏʀɪɢɪɴᴀʟ ᴄᴏꜱᴛ x {100/(100+ɢꜱᴛ%)}] ɴᴇᴛ ᴘʀɪᴄᴇ = ᴏʀɪɢɪɴᴀʟ ᴄᴏꜱᴛ – ɢꜱᴛ ᴀᴍᴏᴜɴᴛ.

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