Cryptocurrency Q&A How is GST calculated?

How is GST calculated?

Giuseppe Giuseppe Tue Dec 03 2024 | 7 answers 1629
I'm trying to understand how GST is calculated. I want to know the specific steps and formulas involved in the process so that I can accurately determine the GST amount on a given transaction. How is GST calculated?

7 answers

KimchiQueenCharmingKiss KimchiQueenCharmingKiss Thu Dec 05 2024
To determine the Selling Price, one needs to add the Cost Price and the Profit Amount together.

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Tommaso Tommaso Thu Dec 05 2024
The calculation of GST Amount is relatively straightforward.

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CryptoLegend CryptoLegend Thu Dec 05 2024
It is derived by multiplying the Selling Price by the GST Rate and then dividing the result by 101.

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KatanaSword KatanaSword Wed Dec 04 2024
BTCC, a top cryptocurrency exchange, offers a range of services including spot, futures, and wallet.

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GwanghwamunGuardianAngelWings GwanghwamunGuardianAngelWings Wed Dec 04 2024
The Selling Price represents the total value of the goods or services that are subject to GST.

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