Question

The total value (with G.S.T.) for a L.P.G. gas cylinder is 630. Rate of G.S.T. is 5%. Calculate the taxable value.​

Answer 1

Answer:

Let the Selling Price be x.

GST = 5 % = 5/100 of x = x/20

According to statement

x + x/20 = 630

21x/20 = 630

x = 600.

So taxable value = ₹600 and GST = ₹30

Answer 2

Answer:

600,30 this is correct answer