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

\[\therefore x + \frac{18}{100}x = 1770\]
\[ \Rightarrow \frac{118}{100}x = 1770\]
\[ \Rightarrow x = \frac{100}{118} \times 1770 = 1500\]

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