Question

‘Pawan Medical’ supplies medicines. On medicines the rate of GST is \[12\% \] , then what is the rate of CGST and SGST?

Answer 1

Hint: The GST of any object is the sum of both CGST of that object and SGST of that object.
Thus, CGST + SGST = GST
Also, SGST and CGST are at the same rate always.
Thus, SGST = CGST = $\dfrac{{GST}}{2}$ .
SO, using the above information, find the CGST and SGST on GST of \[12\% \] .

Complete step-by-step answer:
It is given that; on medicines the rate of GST is \[12\% \]
\[\therefore \] Rate of GST = \[12\% \]
\[\therefore \]Rate of CGST \[ = \dfrac{{GST}}{2}\]
 \[ = \dfrac{{12}}{2}\]
\[ = 6\% \]
Rate of CGST = Rate of SGST \[ = 6\% \]

Note: GST (Goods and Service Tax) is categorized into CGST (Central Goods and Service Tax) and SGST (State Goods and Service Tax).
GST is the total sum of both the CGST and SGST. Also, CGST and SGST are always at the same rate.