Manufacturer sold the goods 1000+sgst+cgst(50+50)(interstate)
Sold goods to wholesaler (interstate )
Wholesaler sold the goods to reseller after adding margin
1500+cgst+sgst (interstate )
1500+(75+75)
Sold to retailer (inter state )
Retailer finely sold the item to consumer
2000+(100+100)cgst +sgst
(Rate of tax both cgst sgst is 5%assume )
It is correct or not
If wrong then
1 )what is mistake
2)what is happen when manufacturer is other state and the wholeseller and retailer are the same state.
3)what happen when manufacturer whole seller and retailer are different state .
CAclubindia
