Step-by-step explanation:
hope the answer is right like me too
Answer:
Given:
To Find:
Solution:
Let's denote the taxable value as T and the rate of GST as R.
The amount of CGST (C) and SGST (S) can be calculated as follows:
C = (R/2) * T = (2.5%) * 545 = 13.63
S = (R/2) * T = (2.5%) * 545 = 13.63
The total GST charged is C + S = 27.26
Thus, the amount paid by the consumer is T + C + S = 545 + 13.63 + 13.63 = 572.26
And, the Pawan Gas Agency has to pay a total of C + S = 27.26 as CGST and SGST.
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Answers & Comments
Step-by-step explanation:
hope the answer is right like me too
Answer:
Step-by-step explanation:
Given:
To Find:
Solution:
Let's denote the taxable value as T and the rate of GST as R.
The amount of CGST (C) and SGST (S) can be calculated as follows:
C = (R/2) * T = (2.5%) * 545 = 13.63
S = (R/2) * T = (2.5%) * 545 = 13.63
The total GST charged is C + S = 27.26
Thus, the amount paid by the consumer is T + C + S = 545 + 13.63 + 13.63 = 572.26
And, the Pawan Gas Agency has to pay a total of C + S = 27.26 as CGST and SGST.