Courier service agent charged total rs590 to courier a parcel from nashik to nagpur. in which the tax invoice taxable value is rs 500 on which cgst is rs 45. find the rate of gst charged for this service.
Answers
The rate of GST charged by agent is 18%.
Step-by-step explanation:
Given data:
Charges of parcel = 590 Rs
Taxable value = 500 Rs
G.S.T on taxable value = 45 Rs
Solution:
Total GST = CGST + SGST = 45 + 45 = Rs.90
Rate of GST = 90/500 x 100 = 18%
Hence the rate of GST charged by agent is 18%.
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The sale price of motor bike is rs. 44400 inclusive tax. if tax is charged at the rate of 11%. of the list price, find the list price of the motor bike ?
https://brainly.in/question/12388191
Answer :-
The rate of GST charged by agent is 18%.
Step-by-step explanation:
Given data:
- Charges of parcel = 590 Rs
- Taxable value = 500 Rs
- G.S.T on taxable value = 45 Rs
Solution:
Total GST = CGST + SGST = 45 + 45 = Rs.90
Rate of GST = 90/500 x 100 = 18%
Hence the rate of GST charged by agent is 18%.
Also learn more
The sale price of motor bike is rs. 44400 inclusive tax. if tax is charged at the rate of 11%. of the list price, find the list price of the motor bike ?