paid commission by cheque including cgst and sgst @ 6% each.
can anyone separate out the amount of cgst, sgst and the commission.. plzzz.. if their is any formula let me know...
Answers
Answered by
18
the amount is calculated by
amount*100+percentage of total gst /total percentage of gst
for example we have given that 5600 is the amount including cgst and sgst 6%
so we calculate 5000*100+6+6/6+6
5000+112/12
=600 is the total amount of cgst + sgst
amount*100+percentage of total gst /total percentage of gst
for example we have given that 5600 is the amount including cgst and sgst 6%
so we calculate 5000*100+6+6/6+6
5000+112/12
=600 is the total amount of cgst + sgst
tanu66:
thanks
Answered by
23
Let the commission amount be 'x'
CGST will be 6%(x) = 6x/100
SGST = CGST = 6x/100
Commission amount including GST =
Commission excluding GST + 6% CGST + 6% SGST
= x + 6x/100 + 6x/100
= 112x /100
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