Nilesh Satra (3 Points)
24 March 2017suppose @ 28% tax rate what would be tax liability of distributors with turnover between 3-5 cr
would be difference between sale purchase @ 28%...?
Dhirajlal Rambhia
(SEO Sai Gr. Hosp.)
(182264 Points)
Replied 24 March 2017
Roughly 28% over Gross profit, provided all the goods had been purchased from registered dealer/s.
Madhukar N Hiregange
(Chartered Accountant)
(39034 Points)
Replied 26 March 2017
Electronic goods would proabaly be at 18% and therefore the total tax would reduce under GST.
Nilesh Satra
(3 Points)
Replied 26 March 2017
25 Hours GST Scrutiny of Return and Notice Handling(With Recording)
Survey, Search and Seizure under Income Tax Act 1961
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