Question

the total value ( with GST ) of a toy car is rupees 1770
rate of GSTis 18%
find the taxable value , CGST ,SGST

Answer 1

Answer:

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=

1.18

1770

⇒p=1500

Taxable Value Rs.1500

GST=18%of1500

GST=0.18×1500=270

∴GST=270

CGST=9% and SGST=9%, which together form GST=18%

CGST=SGST=

2

GST

CGST=SGST=

2

270

=Rs.135

Step-by-step explanation:

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