# ‘Tiptop Electroni

Given rate of CGST of AC = 14%

(1) We know that CGST and SGST are components of GST.

CGST is always equal to SGST.

SGST = 14%

(2) We know that GST = CGST + SGST.

GST = 14% + 14% = 28%

(3) We know that Total Value (with GST) = Taxable Value + GST

Given total value (with GST) = Rs. 51, 200

Let taxable value = x

51200 = x + 28% of x

=

= x + 0.28x

51200 = 1.28x

x = = 40000

x = Taxable Value = Rs. 40, 000

(4) We know that total GST = GST of Taxable value

GST = 28% of 40, 000

=

= Rs. 11, 200

(5) We know that CGST and SGST are components of GST.

CGST is always equal to SGST

i.e. GST = CGST + SGST

Let CGST and SGST be x.

Then GST = x + x

11200 = 2x

x = 5600

Hence CGST = Rs. 5600

(6) SGST = Rs. 5600

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