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MRP sell
A trader or retailer under composition scheme can sell its products as per MRP printed in it? we know composition dealer do not collect GST from customer on their selling invoice. sir please explain
Replies (7)
yes ,.. you can sell on MRP
Yes, you can sell on mrp. No gst should be collected on sales.
but my lawyer said 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 pl explain
composition dealers should not collect gst.
But they have to pay gst on their taxable supplies @ 1% for traders and manufacturer and 5% for restaurants from their own pocket.
But they have to pay gst on their taxable supplies @ 1% for traders and manufacturer and 5% for restaurants from their own pocket.
gst amount is reduced nly...if assessee claims itc...where composition scheme can claim itc hence he or she can sell at mrp inclusive of gst
Composition dealer can sell on mrp. No gst rate should be reduced on mrp.
Mrp is inclusive of taxes right then that means they are collecting gst from sales to consumers which they shouldn't be doing. please explain
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