WE ARE HAVING BUSINESS OF BEVEREGES OF GST % 12 , 28+12, AND 18
WE PURCHASE THE GOODS DIRECT FROM THE COM PANY AND SALE ON THE SAME RATE AS WE RECIEVED
AFTER THE MONTH WE RAISE THE INVOICE OF INCENTIVE TO THE COMPNAY WITH THE TAX OF 18% THAT IS TO BE CHARGED TO THE CO M PNAY
THE QUESTION IS THAT WE ARE SELLING THE GOODS ON THE SAME RATE AND RIASING THE INVOICE OF SELLING THE GOODS
PLEASE PROVIDE THE SOLUTION.
THANKS
what is your problem, query, question,
pl elaborate
I JUST WANT TO KNOW THAT IS IT OK THAT I AM RAISING THE OUTPUT BILLS ON SAME PRICE OF PURCHASE FOR ACHIEVING TARGET ND AFTER MONTH WE RAISE THE INVOICE OF INCENTIVES WHICH IS AROUND 3PERCENT IF THE PURCHSE PLUS 18 PERCENT GST
per my opinion, it is ok as you raise separate bill for your mark up.
BUT THE MAIN QUESTION IS WHETHER GST AUDITORS HAVE PROBLEM THAT THE PURCHASE AND SALE BOTH TAXABLE VALUE IS SAME SINCE FOR ACHIEVING THE TARGEST WE HAVE TO SALE IN SAME RATE AS WE PURCHASED
BUT ON ACHIEVING TARGETS WE GOT INCENTIVES THAT WE RAISE THE BILL AGAINST THE COMPANY WITH 18% GST.
Gupta Sachdeva & Co. Chartered Accountants
New Delhi
CA Final
View Details
CAclubindia
