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The monthly expenditure (Rs.) of a family on some important items and the Goods and Services Tax (GST) rates applicable to these item is as follows: Item Monthly Expense (Rs) GST Rate % Cereals 1500 0 Eggs 250 0 Fish, Meat 250 0 Medicines 50 5 Biogas 50 5 Transport 100 5 Butter 50 12 Babool 10 12 Tomato Ketchup 40 12 Biscuits 75 18 Cakes, Pastries 25 18 Branded Garments 100 18 Vacuum Cleaner, Car 1000 28 Calculate the average tax rate as far as this family is concerned. |
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Answer» The monthly expenditure (Rs.) of a family on some important items and the Goods and Services Tax (GST) rates applicable to these item is as follows:
Calculate the average tax rate as far as this family is concerned. |
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