which rate of gst will be paid

Rate / HSN codes 142 views 1 replies

Dinesh Kumar Sahoo

Accounts Officer

40 Points Joined December 2009

my company is a service provider.18% tax is levied on all outward service supply.
If my company purchase from unregistered dealer some stationery. what is the rate of tax we have to pay on reversal basis. I know some registered dealer for the same stationery charged 12% Whether my company will pay tax @ 18% or 12% get.

Replies (1)

RAJA P M

"Do the Right Thing...!!!"

128147 Points Joined January 2015

You ll be charge Tax for the items rate. Not change the rate. But, Stationary item have multiple tax rates like 5,12 &18. So, you can check it's rate then calculate tax under RCM basis....