Is ther impact of GST on net profit margin calculation?
Rakesh Bandal
(Self Employed and Agriculture)
(1349 Points)
Replied 07 December 2017
It will depend upon at wich stage you are dealing/trading
i.e. whether you are Manufacturer or a trader
and mostly GST will make impact on Gross Profit (as net Profit differs from company to company)
Rakesh Bandal
(Self Employed and Agriculture)
(1349 Points)
Replied 08 December 2017
If you are a trader your net profit will increase in the praportion of excise duty charged by manufacturer (Anti profittering clause not considered, or trf. of cost benefit not considered)
"Live class on Python for Financial Analysis: Unlocking Efficiency in Accounting and Finance"
GST Live Certification Course (39th Batch) - April 2024 (Weekend Batch) (With Certificate)