Gst for wholesaler of footwear

Mehul Bhanushali (CA in Practice) (174 Points)

14 June 2017

MY CLIENT BEING A MANUFACTURER & WHOLESALER OF FOOTWEAR SALES FOOTWEAR TO RETAILERS FOR PRICE OF RS.400 ON WHICH MRP IS RS.900/-.

THEN WHAT SHALL BE THE GST RATE APPLICABLE TO HIM?

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4 Replies

Dhirajlal Rambhia (SEO Sai Gr. Hosp.) (177896 Points)
Replied 14 June 2017

5% over all the items sold below Rs. 500/- (no MRP base)

Preeti (Team_GSTSoln) (Team GST Experts) (1926 Points)
Replied 14 June 2017

Invoice with mrp less discount then apply gst. Read inclusion exclusion rule under value of supply for the samw

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Mehul Bhanushali (CA in Practice) (174 Points)
Replied 15 June 2017

COULDNT FIND RELEVANT MATERIAL. IT WOULD BE HELPFULL IF YOU COULD SHARE THE SAME.

THANKS.

HUMAYUN QADIR KHAN (MR.) (22 Points)
Replied 02 August 2017

COULD ANYBODY PLEASE TELL THE EXACT HSN CODE FOR FOOTWEAR BELOW MRP 500/-. I COULD NOT FIND IT ANYWHERE.

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