Question

Courier service agent charged total Rs.590 to courier parcel from Nashik to Nagpur.In tax invoice taxable value is Rs.500 on which CGST is Rs. 45 and SGST is Rs. 45. Find the rate of GST charged on this service.​

Answer 1

Step-by-step explanation:

Given  

Courier service agent charged total Rs.590 to courier parcel from Nashik to Nagpur.In tax invoice taxable value is Rs.500 on which   CGST is Rs. 45 and SGST is Rs. 45. Find the rate of GST charged on this service.​

• Now total GST will be CGST + SGST
•                              = 45 + 45
•                              = 90
• So Rate of GST will be 90 / 500 x 100
•                                      = 18%
• Therefore Rate of GST charged by the agent will be 18%

Reference link will be

https://brainly.in/question/8867972

Answer 2

Answer:

Amount of CGST is 45 Rs(Given)

Amount of SGST is 45 Rs(Given)

Amount of GST =CGST +SGST

=45+45

=90 Rs

Rate of GST =?

Total amount taken by courier service is Rs. 590

Total amount =taxable value +x % of taxable value

590=500+x/100*500

590=500+500x/100

Multiplying whole eq. By 100

59000=50000+500x

59000-50000=500x

9000=500x

500x=9000

x=9000/500

x=90/5

x=45%

Ans. Rate of GST is 45 %