Working of gst
This query is : Resolved
TARIQUE RIZVI
(Querist)
13 August 2016
Suppose Sales is Rs 100 and Purchase is Rs 80 what will the situation of GST
16 August 2016
You did not mention whether the sale or purchase is within the state or it is made inter state.
TARIQUE RIZVI
(Querist)
16 August 2016
It is within Bombay Only
16 August 2016
In such case SGST (State GST) would be applicable. The GST of 18% would be applicable on Rs.100 but you can take credit for Rs.80 (purchase) and pay the remaining GST
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