composition
This query is : Resolved
Ravi Sharma
(Querist)
21 October 2017
whether composition dealer charge tax amount from buyer or he has to pay tax on amount collected from buyer
I. e sale amount inclusive of gst or not
next question is whether amount tax is required to be show in bill or not
CA R SEETHARAMAN
(Expert)
21 October 2017
composition dealer can't charge tax amount from buyer and he has to pay tax on amount collected from buyer I. e sale amount inclusive of gst. The amount tax is not required to be show in bill.
Ravi Sharma
(Querist)
21 October 2017
How two things are possible
first not charge from buyer
second sale amount inclusive of GST
CA R SEETHARAMAN
(Expert)
21 October 2017
You have to fix sale price inclusive of 1% GST.
Ravi Sharma
(Querist)
22 October 2017
If the we fix sale amount 100 rs this is inclusive of tax or not
and I want to charge 100 rs from buyer
CA R SEETHARAMAN
(Expert)
22 October 2017
This is inclusive of tax.
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