savita invested RS.12,000 to purchase it's input tax (ITC)=? GST rate is 12%
plz tell?
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Step-by-step explanation:
ANSWER:
Rate of GST = 12% (Given)
Now,
Rate of CGST = Rate of SGST
Also,
Rate of CGST + Rate of SGST = Rate of GST
⇒ 2 × Rate of CGST = 12%
⇒ Rate of CGST = 6%
∴ Rate of SGST = 6%
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