07 June 2020
One of gst registered regular sceheme dealer trade for sales of medicines.trader purchase of medicines from registered dealers ITC claimed. Doubt: Dealer medicines sales on MRP or normal rate applicable selling to b2b and b2c customers in gst act.
09 June 2020
MRP is rate inclusive of GST. So dealer can sell the medicines on or below the MRP to customers under B2C. And for B2B sales, the dealer may again for any rate per his margin and GST is charged accordingly.
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