Question

The total value (with GST) of a remote-controlled toy car is Rs 1770. Rate of GST is 18% on toys. Find the taxable value, CGST and SGST for this toy-car.

Answer 1

Let the taxable value of the toy car be Rs x.

​Rate of GST = 18% (Given)

Taxable value of the toy car + Amount of GST = Rs 1770

$$\begin{gathered} \therefore x+\frac{18}{100}x=1770 \\ \Rightarrow \frac{118}{100}x=1770 \\ \Rightarrow x=\frac{100}{118}\times 1770=1500 \end{gathered}$$
So, the taxable value of the toy-car is Rs 1,500.

Now,

Rate of CGST = Rate of SGST = 9%

∴ Amount of CGST on the toy-car = Amount of SGST on the toy-car = $\frac{9}{100}\times 1500$ = Rs 135