## The taxable value of a wrist watch belt is Rs. 586. Rate of GST is 18%. Then what is price of the belt for the customer?

Given rate of GST = 18%Taxable value of wrist watch belt = Rs.586We know that CGST and SGST are components of GST.CGST is always equal to SGSTi.e. GST = CGST + SGSTLet CGST and SGST be x.Then GST = x + x⇒ 18 = 2x⇒ x = 9%Hence CGST, SGST = 9%We know that CGST =⇒ CGST == […]

## ‘M/s. Real Paint’ sold 2 tins of lustre paint and taxable value of each tin is Rs. 2800. If the rate of GST is 28%, then find the amount of CGST and SGST charged in the tax invoice.

Given rate of GST = 28%The taxable value of 1 tin = Rs.2800∴ Taxable value of 2 tins = Rs.5600We know that CGST and SGST are components of GST.CGST is always equal to SGSTi.e. GST = CGST + SGSTLet CGST and SGST be x.Then GST = x + x⇒ 28 = 2x⇒ x = 14%Hence CGST, SGST = […]

## On certain article if rate of CGST is 9% then what is the rate of SGST? and what is the rate of GST?

We know that CGST and SGST are components of GST.CGST is always equal to SGST.∴ CGST = SGST = 9%We know that GST = CGST + SGST.∴ GST = 9% + 9% = 18%

## ‘Pawan Medical’ supplies medicines. On some medicines the rate of GST is 12%, then what is the rate of CGST and SGST?

We know that CGST and SGST are components of GST.CGST is always equal to SGSTThat is GST = CGST + SGSTLet CGST and SGST be x.Then GST = x + x⇒ 12 = 2x⇒ x = 6%Hence CGST, SGST = 6%