Sale of goods at less value than purchase value in gst

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Rajiv (Querist)
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02 August 2017 Hi,

Can we sell goods at less value than purchase value due to fulfillment of previous order under GST.

What will be the treatment under GST. Will it be considered as tax evasion under GST or not ?

Please share clause, if any under GST.

CA Rashmi Gandhi

CA Rashmi Gandhi (Expert)
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02 August 2017 ITC refunded.......

Rajiv

Rajiv (Querist)
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03 August 2017 we are considering purchase value at basic price and sale value is less than the purchase value (basic price).

In that case, is it considered as tax evasion or not.

We have to fulfill order at loss and want to retain customer for future

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CA Dileep Surya Kumar

CA Dileep Surya Kumar (Expert)
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03 August 2017 If the buyer is un-related , you can sell even below cost , no worry.

Rajiv

Rajiv (Querist)
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03 August 2017 Thanks for the reply.

But can anybody share any clause in GST for evasion of tax.

What will GST dept. consider it.
loss on sale of goods or reduce value to evade tax.

Rajiv

Rajiv (Querist)
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08 August 2017 Please reply anybody