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MRP and GST
if composition dealer selling goods on MRP, it means dealer is collecting GST from customer and violation provision of GST act 2017.he should sell the goods after reducing MRP by GST amount. sir it is true?
Replies (1)
Not required to sell reducing MRP by GST amount.
You sell goods on MRP. Issue sales invoice mentioning as Bill of supply which means no gst amount is collected on sales fir composition dealer.
You sell goods on MRP. Issue sales invoice mentioning as Bill of supply which means no gst amount is collected on sales fir composition dealer.
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