banner_ad

Calculation of gst payable for e-recharge service provider.

This query is : Resolved 
Profile Image

Profile Image

(Querist)
22 May 2018 Hello team,
i am selling E-recharge coupons & flexi. My profit is only 1.25%. I want to know that How to calculate GST which i have to pay and how can i claim itc on purchase. if i claim itc only 1.25%, in GSTR-2A shows invoices of total amount. whereas i paid gst on purchase 1.25%. please tell me about this.
Profile Image

CA Kartik Pandya

Profile Image

CA Kartik Pandya (Expert)
23 May 2018 No need to consider the ITC .. . better to calculate the Output GST liability directly on your margin i.e. 1.25%
Profile Image

Gst HELP PANEL

Profile Image

Gst HELP PANEL (Querist)
23 May 2018 THANK YOU. I THOUGHT SO. but NOW i am confident.
Profile Image

CA Kartik Pandya

Profile Image

CA Kartik Pandya (Expert)
23 May 2018 Better to be confident . . .
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now


CCI Pro
Join the CA Students WhatsApp Community for ICAI Updates, Trending Courses & Notes!


Similar Resolved Queries


loading


Unanswered Queries


banner

Trending Online Classes

view all classess

CCI Pro
Meet our CAclubindia PRO Members
Subscribe Now

Follow us
add to google news



Answer Query



Quick Links



Browse by Category




Latest Job Openings

View all
Company
14 May 2026
Senior Accounts Executive

Karan Gupta & Co.

New Delhi

Graduate (Any)

View Details
Company
05 May 2026
Accountant

Sanjay K Pathak & Associates

Noida

Graduate (Any)

View Details
Company
ARTICLESHIP 23 May 2026
Article Assistants

Acupro Consulting

Gurgaon

CA Inter

View Details
Company
22 May 2026
U.S. Financial Reporting & Consolidation Manager

Karia Overseas

Ahmedabad

CA

View Details
Company
27 April 2026
Senior Accountant

Jyoti K agarwal & co

Mumbai

Others

View Details
Company
ARTICLESHIP 30 April 2026
Article Assistant

M/s G.K. Choksi & Co.

New Delhi

CA Inter

View Details
Company
10 May 2026
Finance specialist

Right way solution

Ajmer

CA

View Details
Company
24 May 2026
Accounts & Tax Executive

PARAS KHURANA AND CO

New Delhi

B.Com

View Details