Answer :

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

Rate this question :

Write the correctMHB - Mathematics Part-1

Write the correctMHB - Mathematics Part-1

Write the correctMHB - Mathematics Part-1

‘M/s. Real Paint’MHB - Mathematics Part-1

The taxable valueMHB - Mathematics Part-1

Write the correctMHB - Mathematics Part-1

Write the correctMHB - Mathematics Part-1

Write the correctMHB - Mathematics Part-1

‘Pawan Medical’ sMHB - Mathematics Part-1

‘Tiptop ElectroniMHB - Mathematics Part-1