The marked price of an article = 9,000 and rate of GST on it = 18%. A
shopkeeper buys this article at a reduced price and sells it at its marked price.
If the shopkeeper paid 162 as CGST to the government, find the amount
(inclusive of GST) paid by the shopkeeper.
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Answer:‘Pawan Medical’ supplies medicines. On some medicines the rate of GST is 12%, then what is the rate of CGST and SGST?
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%
Explanation:
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