Question

Arati gas agency supplied LPG cylinder to the consumer for taxable value of RS 545 . GST charged is 5%. Find the total amount to be paid ?

Answer 1

Answer:

Amount paid by the customer is Rs 588

Step-by-step :

Taxable value = Rs 560

Rate of GST = 5 %

GST = 5% × 560

= 5/100 ×560

= 5/10 × 56

= 280/10

GST = 28 Rs

Purchase Price = Taxable Value + GST

= 560 + 28

= 588 Rs

Amount of GST is Rs 28

Amount paid by the customer is Rs 588