Being a service provider company (18%) can we buy or sale of goods of other GST Rate like 5% / 28% if yes than what is the GST rate we charge.
Deepak Goel
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We are in slab of 18% (service provider) can we sale 5% item
Replies (12)
Obviously you can buy and sell products of any rate
n what is the GST rate we charge ??
Depends on product and service you dealing in
we charge 5% on 5% item ???
Rate depends on product and service and as mentioned by GST council
If You are registered as Service Provider (and Selected option) then You can't Buy and Sell Goods.
Better to amend Your details in Amendment section after You ll transact goods...
Better to amend Your details in Amendment section after You ll transact goods...
if you buy 5℅ tax rate item it will be sold on 5%
12% in 12%
tax rate has been fixed on item
2. if you show only service in gst registration/migration then it is good to add items in gst details
by going online non-core amendment tab
12% in 12%
tax rate has been fixed on item
2. if you show only service in gst registration/migration then it is good to add items in gst details
by going online non-core amendment tab
mmm Good Advice Mr Ravinder Singhal...
Yes... I agreed to Mr. Raja P M and Mr Ravinder.,
@ Mr. D Goel.,
- If You are registered as Service Provider or Only service related options then You can amend Your Registration details with Sales Activites. After You can Buy and Sell Goods. Otherwise it's not good/advicsable.
- Tax Rates based on Items Rate. If You Buy 5% items & Sale it 5%. Buy 12% - Sale 12% ....
*** Tax rates change only composition dealer
Thanks for valuable information/feedback.
| Originally posted by : d goel | ||
 |
Thanks for valuable information/feedback. |  |
You are Most Welcome
Yes I agreed with all give good answer and it's the only possibility
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