To calculate GST, you need to understand the tax components under GST, GST calculation formula, and use a GST ... value and calculate the total GST amount payable. Step 4: Divide the total ...
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GST Tips: There is a lot of confusion regarding GST on the sale of old cars, know here...You will not have to pay any GST on the amount received from the sale of the ... of the car – Rs 10 lakh If you put these in the formula, you will get a value of Rs 94000. This means that ...
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