hi, latest gst press release in which gst on some goods have been changed I.e 28% + 12% cess.
now if the goods base value is 100 gst 28 rupees and cess 12 rupees total goods value including gst is 140. Is this the right calculation?
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Gst changed
Replies (3)
Cess is on tax amount.... 100 + 28 + 3.36
@ Sumit badal the total value including gst will be Rs 140.
Cess is on taxable amount in gst.
Cess is on taxable amount in gst.
Agree with altamush sir. My answer is incorrect.
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