1(i)
For an Intra-state sale, the CGST paid by a dealer to the Central government is ₹120. If the marked price of the article is ₹2000, the rate of GST is:
- (a)6%
- (b)10%
- (c)12%
- (d)16.67%
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CGST% = $\frac{CGST}{M.P.} \times 100$
Substituting values we get :
CGST% = $\frac{120}{2000} \times 100$ = 6%
GST% = 2 × CGST% = 2 × 6% = 12%.
Hence, Option 3 is the correct option.