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Sales on MRP pharmacy composite dealer

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(Querist)
05 September 2021 Sir,
A gst registered composite scheme pharmacy store business dealer purchase of medicines different tax rates (12 or 18 or 5 percent) goods.but sales of medicines value applicable on normal rate or MRP rate in gst act.
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CA R SEETHARAMAN

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CA R SEETHARAMAN (Expert)
05 September 2021 MRP rate applicable as GST is included in MRP.
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CA Kushwanth AVSR

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CA Kushwanth AVSR (Expert)
06 September 2021 The Value at which you are selling the medicines. You have to pay tax @ 1% on the price that you are selling the medicines and you are not allowed to collect that 1% tax from your customers.
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Lekhraj sood

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Lekhraj sood (Expert)
06 September 2021 And also not allowed to take any Input Tax Credit
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