MY CLIENT BEING A MANUFACTURER & WHOLESALER OF FOOTWEAR SALES FOOTWEAR TO RETAILERS FOR PRICE OF RS.400 ON WHICH MRP IS RS.900/-.
THEN WHAT SHALL BE THE GST RATE APPLICABLE TO HIM?
Mehul Bhanushali (CA in Practice) (174 Points)
14 June 2017MY CLIENT BEING A MANUFACTURER & WHOLESALER OF FOOTWEAR SALES FOOTWEAR TO RETAILERS FOR PRICE OF RS.400 ON WHICH MRP IS RS.900/-.
THEN WHAT SHALL BE THE GST RATE APPLICABLE TO HIM?
Dhirajlal Rambhia
(SEO Sai Gr. Hosp.)
(160702 Points)
Replied 14 June 2017
5% over all the items sold below Rs. 500/- (no MRP base)
Preeti (Team_GSTSoln)
(Team GST Experts)
(1926 Points)
Replied 14 June 2017
Mehul Bhanushali
(CA in Practice)
(174 Points)
Replied 15 June 2017
COULDNT FIND RELEVANT MATERIAL. IT WOULD BE HELPFULL IF YOU COULD SHARE THE SAME.
THANKS.
HUMAYUN QADIR KHAN
(MR.)
(22 Points)
Replied 02 August 2017
COULD ANYBODY PLEASE TELL THE EXACT HSN CODE FOR FOOTWEAR BELOW MRP 500/-. I COULD NOT FIND IT ANYWHERE.
CAclubindia
