how to the credit pass on to customer under Gst .
please explain
3 Replies
Vinay Garg
(Student cum businessman cum professional)
(859 Points)
Replied 24 June 2017
Supplier file GSTR1 for his supplies and Customer file GSTR2 for his purchases. Cuatomer gets ITC via online matching.
Dhirajlal Rambhia
(SEO Sai Gr. Hosp.)
(177852 Points)
Replied 25 June 2017
That can be answered by any member of GST council only...................
Example Thousands of real estate cusomers, who purchased under construction properties ............... were liable to pay 4.5% ST.......... now builder will ask 12% GST........ And ITC will be availed by builders at the cost of the poor customers......... Government is talking about strict actions of Anti profiteering .........
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