If a person sale purchase fruits and vegetables and received commission also. then what will be the crieteria of audit in his case. what will be his income I.e commission income or any other. what will be the liability of gst on sale purchase of fruits and vegetables.
Replies (2)
Quick Summary
This discussion explores the audit criteria and tax liabilities for individuals involved in both trading fruits and vegetables and earning commission. It clarifies that two distinct businesses are likely involved: trading and commission agency. The GST rate on fresh fruits and vegetables is nil, but the implications for commission income and the overall audit approach are detailed.