GST

GST

Secondary 1

Buying Goods without Service Charges

Buying Goods With Service Charges

In general,

\({\text{Total Amount Payable} = \text{Marked Price} - \text{Discount} + \text{Service Charge} + \text{GST Payable}}\)

\({\text{Service Charge} = \text{Service Charge Percentage} \times (\text{Marked Price} - \text{Discount})}\)

\({\text{GST Payable} = \text{GST charge percentage} \times (\text{Marked Price} - \text{Discount} + \text{Service Charge})}\)

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