the taxable value of a leather belt is RS 885. the GST rate is 18percent.what is the price of leather belt
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Given : taxable value of a leather belt is RS 885. the GST rate is 18percent
To Find : what is the price of leather belt
Solution:
Taxable value is Value before GST
taxable value of a leather belt is RS 885
=> Price before GST = Rs 885
GST = 18 %
GST = (18/100) 885 = Rs 159.3
Amount including GST = 885 + 159.3
= 1044.3 Rs
price of leather belt is Rs 1044.3
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