sir,
we are trading of 0% rated gst, goods trading then, what will be tax liability for our firm.?
for example we purchased goods Rs.9,66,86,266/-, and sale goods 10,16,95,427/- then plz tell me gst tax liability.
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what will be 0% rated goods trading firm's tax liability?
Replies (2)
No tax liability if your purchase sale both is nil rared
If Your business transactions (Purchase and Sales) is excempted then no more tax liability.
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