Business Studies, asked by bagiya1, 2 months ago

what is the total bill amount 6 percent CGST and SGST​

Answers

Answered by Anonymous
1

Answer:

The formula for GST calculation:

  • Add GST: GST Amount = (Original Cost x GST%)/100. Net Price = Original Cost + GST Amount.
  • Remove GST: GST Amount = Original Cost – [Original Cost x {100/(100+GST%)}] Net Price = Original Cost – GST amount
Answered by baby2006
3

THE FORMULA FOR GST SOLUTION :

✒Add GST : GST Amount = (Original Cost x GST%)/100. Net Price = Original Cost + GST Amount.

✒Remove GST : GST Amount = Original Cost – [Original Cost x {100/(100+GST%)}] Net Price = Original Cost – GST Amount.

How do you calculate CGST :

GST can be calculated simply by multiplying the Taxable amount by GST rate. If CGST & SGST/UTGST is to be applied then CGST and SGST both amounts are half of the total GST amount. FOR EXAMPLES : GST including amount is Rs. 525 and GST rate is 5%...

How do you calculate SGST :

SGST is calculated on the total value of the goods sold, clubbing it with CGST. FOR EXAMPLES , if Mr. A buys goods worth ₹ 10 Lakh on an applicable GST of 12%, then SGST and CGST will be divided at equal proportions of 6% each...

Hope it helps you dear.....

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