Suppose base price of a product is Rs. 100 and company sells the product to a registered vendor in Rs.128 charging 28% GST and then vendor sets the price of same product as Rs. 125 and sells the same product to the consumer and charging another 28% GST. Finally consumer paying Rs. 160 for the same product.
Q1 - Is it correct rule of GST ?
Q2 - Will GST applicable/pay in each step of trading/supply?
Q3 Will GST pay only one time on a product?
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