GST rules on reselling product

261 views 6 replies
Hi
Plz let me clear the rules regarding reselling of product. If i bought a product as customer from ecommerce site and resell it on local market adding my profit or resell it on another e-commerce site what will be the rules applied related ro GST. can i tk same
benefit of tax credit for product purchased earlier from e-commerce site. is it legal transaction
Replies (6)
Yes no doubt
Product - all goods can be define as product.

So, Ask Your query with details...
Like cloth, cloth accessories, mobile accessories and mobile
Yes... You can take ITC as per ITC rules.
Tax rate as per New goods rate is applicable to reselling products as per above said items...
Yes, You can take credit
What is the tax rate to non-gold jewellery and accessories. plz


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