i am new distributor of a company.
my invoice from company in 1000.
i sold to dealer at 1060.
do i need to pay gst on rs 60.
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gst on profit
Replies (2)
yes you have to pay on profit but not by you you have to collect from customer by giving bill and pay to government means your purchases includes GST and your sales includes GST the difference amount only you pay
I agreed with Mahesh..
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