What price to be fixed under gst on MRP items . If I continues to sell at MRP by reverse working GST, then the end user is not benefited which is the ultimate goal of the GST.
Thanks for your reply, I am not having ED invoices (Only VAT invoices ) for closing stock; hence I can get 40% ITC for CGST on payment of Output CGST. ITC available under SGST is very less due to rate difference. To maintain my operating margin, I am forced to sell over and abobe the MRP. Please clarify with example
Vidyasagar plz try to clear ur current stock till june. In july products would b available with new mrp.u cant sale above mrp.a complaint against u may b filed in this case