Is it in order to charge GST over already charged component of bill with GST?
Can GST be charged over already included amount of total cost (including GST)? more
All Taxes are included in MRP more
May I request someone quote /give some reference/ clause number of GST manual issued by GoI, indicating this (i.e., legality of levying GST for the second time over a component on which the GST has already been applied). more
Levying of GST when price is all inclusive is not correct. more
No. GST included in MRP. more
We have seen Manufacturer A sells to Whole seller Rs 100/+18=118.Now Wholesaler sells it to retailer with 118+Expenses/Freight/+overheads 5 = 123 and gets a set off Rs 18.Now retailer sells it to end user [common man] 123+Freight/overheads+Margin 5=128+23 [GST]=151 and gets set off Rs 18 back .On a product of Rs.100 GST is 41. more