On what basis liability' of Dealer is determined under GST.Are they bound to disclose the basis by which they have determined the Liability to pay or is final topay.
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Quick Summary
This discussion explores the foundations for determining a dealer's liability under GST. It clarifies that liability is primarily based on the value of supply and the applicable tax rate, as outlined in relevant notifications. The question also touches upon whether dealers are obligated to disclose the specific basis used to calculate their final payable amount.