Menu
gst on selling bill
I am a retailer, i have purchases cotton dress material in Rs 600/-, at that time dealer charged me 5% gst on it. Now if i sell it in Rs 1200/- then how much gst i have to charge on it (5% or 12%)
Replies (3)
If it is a cotton dress material falling under HSN 5208 ( cotton woven fabric) the rate will be 5
Yes...
If you sell above Rs. 1000 then you ll collect 12% Tax...
If you sell above Rs. 1000 then you ll collect 12% Tax...
Yes it is cotton cotton dress material and falling under HSN 5208
Recent Threads
- Procedure for 'inter-unit job work' under GST Act
- Advances received and Advances adjusted - HSN Summ
- TAX ON SALE OF COMPANY'S SHARES
- Refund on Hold - Section 245
- CLARITY REGARDING ESIC WAGE CALCULATION AFTER NEW
- GST Rule 14A for Export of Service with Hypothetic
- GST ON QUERY
- Initimation on AIS
- GST on sponsorship from foreign body corporate
- Revised Income tax return karna padega kya
Related Threads
CAclubindia
