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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
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