Question

The total value (with GST) of a remote controlled car is ₹ 3540.Rate of GST is 18% on toys. Find the taxable value, cGST and SGST for this toy car​

Answer 1

Total cost of toy including GST is Rs.1770

GST rate =18%

Taxable Value is our Rate excluding GST.

So, 1770= Rate excluding GST +18% of Rate excluding GST

Let Rate excluding GST =p,

So, p+18%ofp=1770

⇒p+0.18p=1770

⇒1.18p=1770

⇒p= 1.181770

​

⇒p=1500

Taxable Value Rs.1500

Answer 2

Answer:

the answer is 1500

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