On certain article, if the rate of CGST is 18% then find the payable GST on article of printed price Rs 1000
Answers
Answered by
0
Answer:
Step-by-step explanation:
Attachments:
Answered by
2
Answer:
Rs 360
Step-by-step explanation:
Since,
Rate of CGST + Rate of SGST = Rate of GST ,
Now,
Rate of CGST = Rate of SGST
So, 2 × Rate of CGST = Rate of GST
We have,
Rate of CGST = 18%
Thus, rate of GST = 2 × 18% = 36%,
Here, the price of the article = rs 1000,
Thus, the amount of payment GST = 36% of 1000 = rs 360
Similar questions