I am a reseller - purchasing gst% & selling gst% should be same?

648 views 4 replies

I am a re-seller and paid the GST while purchasing. Lets say, I have bought an item for Rs 1000 + GST10%.  So Total amount is Rs 1100.00 . Now I am selling the same item to the customer with some profit margin Rs 200. So My question here is, Do I need to charge the same tax(GST10%) from the customer? Which means (PurchaseAmount+ ProfitMargin)+ GST10%?  or how should I charge?

Replies (4)
yes, you can charge same tax on your purchase plus margin
Yes gst rate % will be same as purchase while making sales.
Yes have to charge Same GST rate

Thanks all for your valuable input.

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
24 June 2026
Senior Account (VA Client Operations)

Karbon Business

Bengaluru

CA Inter

View Details
Company
24 June 2026
Chartered Accountant - GST & Direct Tax

APL

Mumbai

CA

View Details
Company
ARTICLESHIP 24 June 2026
ARTICLE ASSISTANT

BHUPINDER SHAH AND COMPANY

New Delhi

CA Inter

View Details
Company
Featured 24 June 2026
HEAD - AUDIT AND TAXATION

A R JADHAV AND ASSOCIATES

Mumbai

CA Inter

View Details
Company
10 June 2026
Senior Account Executive

JDS Advisory LLP

Ahmedabad

CA Inter

View Details
Company
22 June 2026
Accountant

Global Image Technologies Private Limited

New Delhi

MBA

View Details
Company
Featured 15 June 2026
Senior Auditor

N. Dhawan & Co

New Delhi

CA Inter

View Details
Company
ARTICLESHIP 20 June 2026
Articleship

RB KESHRI & CO

Mumbai

B.Com

View Details