In a case where goods are sold by a trader intra-state and the tax rate is 5%. Does that 5% need to apportioned between CGST and SGST ? If yes, how much to each ? Relevant Source would be helpful.
RAHUL (Student CA Final ) (377 Points)
02 June 2017In a case where goods are sold by a trader intra-state and the tax rate is 5%. Does that 5% need to apportioned between CGST and SGST ? If yes, how much to each ? Relevant Source would be helpful.
CA Rashmi Gandhi
(Chartered Accountant)
(86323 Points)
Replied 04 June 2017
RAHUL
(Student CA Final )
(377 Points)
Replied 13 June 2017
With due regards, madam I need the specific law.
CA Rashmi Gandhi
(Chartered Accountant)
(86323 Points)
Replied 13 June 2017
RAHUL
(Student CA Final )
(377 Points)
Replied 06 July 2017
Couldn't find it in the 2017 Act, if you may please quote the relevant extracts.
CA Rashmi Gandhi
(Chartered Accountant)
(86323 Points)
Replied 06 July 2017
Sorry as per Final Act it is Clause 4 of Sec 17