Gst taxation
This query is : Resolved
04 November 2017
IF SOME ONE PURCHASE PLY AND OTHER MATERIAL AND CONVERT INTO FURNITURE AND SALE FURNITURE THAN HOW IT IS TAXABLE ????
04 November 2017
When you purchase, you take input credit of GST in the purchase amount. When you sell, you have to charge GST and pay to the govt. after adjusting Input credit of GST in the purchase invoice.
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