Gst return file for medical shop

I think taking Bill amount as 105% or whatever rate applicable reverse calcultaion shall be done every month which will show the Taxable value and Tax amount

what is the rules for medical shop...?

- No more specific rules for Medical Shop...

my query is how he show his output ...?

- The most of the Products are MRP based. So, Check Out his purchase bills and It's MRP. Then GST calculated including MRP value...

Note :
You ll see the Purchase details and His billing details (including his softwares). You can get some clarity about the Billing with GST.

If MRP is 118 so shopkeeper sells for 118 now this 118 includes 18 rs of GST

He purchased same medicine for 71 hich includes 18% GST i.e 11 rs

So he can claim ITC as 18-11 got me?

Originally posted by : Ruchika Somani
	If MRP is 118 so shopkeeper sells for 118 now this 118 includes 18 rs of GST He purchased same medicine for 71 hich includes 18% GST i.e 11 rs So he can claim ITC as 18-11 got me?

 

Yes Dear...

If He is under Regular Scheme... No more restriction.

 

Note :

The final product value is sealed/Noted in bill as MRP. But, Transactions between Pharma to Whole seller & to Reatilers is also followed normal business transactions...

Originally posted by : RAJA P M
	Originally posted by : Ruchika Somani If MRP is 118 so shopkeeper sells for 118 now this 118 includes 18 rs of GST He purchased same medicine for 71 hich includes 18% GST i.e 11 rs So he can claim ITC as 18-11 got me?   Yes Dear... If He is under Regular Scheme... No more restriction.   Note : The final product value is sealed/Noted in bill as MRP. But, Transactions between Pharma to Whole seller & to Reatilers is also followed normal business transactions...

Ok

As per GST invoice Rule , a regular dealer cannot raise a Tax Invoice including tax & billing system of medicine dealer cannot overide the GST Rule.

Originally posted by : Pankaj Rawat
	As per GST invoice Rule , a regular dealer cannot raise a Tax Invoice including tax & billing system of medicine dealer cannot overide the GST Rule.

 

Yes Dear Mr. Pankaj Rawat Ji...

But.,

Here I'm not refferred to Including Tax Billings. As per query How to show output tax in his billing...

I refererred as per normal Tax Invoice. But, Tax Value and Taxable values both are included in the MRP Values... 

Am I Right...?

Dear Raja ji

I have just replied that the tax invoice cannot be raised including GST, ... 2ndly he cannot charge GST on MRP.

Originally posted by : Pankaj Rawat
	Dear Raja jiI have just replied that the tax invoice cannot be raised including GST, ... 2ndly he cannot charge GST on MRP.

Yes Dear...

The MRP will be split Basic + GST.

If MRP is Rs. 118 then Invoice preparabel as follows

Basic Rs. 100

CGST Rs. 9

SGST Rs. 9..

 

Am I Right Ji...?

Yes, Raja sir.. You are absolutely right.