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about taxing in gst
sir if almond is sold by manufacture to big wholesale dealer , the dealer without adding any stuff to almond sell it to small dealer , he then without any any stuff and addi g only profit sell I to retailer he do the same to it and sell to shopkeeper and he to customer so in All these only profit is added and not anything ..if 18% is imposed on each stage won't it be tax on tax
Replies (5)
No. You will get credit of tax already paid at the time of purchase.
thank u ..if I didn't pay sales tax in the past .when I register now in gst will I be held liable for past non payment of tax
No you are not liable.
Also you get credit of tax paid on stock held by you.
Also you get credit of tax paid on stock held by you.
thank u mam
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