I HAVE A CLIENT WHO HAS A SWEETS SHOP. HE PURCHASES MATERIALS AND PREPARE SWEETS LIKE GULABJAMUN, BARFI, RASGULLA ETC. HE WANTS TO KNOW GST IMPLICATIONS ON HIM
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GST Implications on sweets shop
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It's 5% GST on FC with ITC .
Need to charge 5% GST on outward supply & can claim ITC on his inward supply
Need to charge 5% GST on outward supply & can claim ITC on his inward supply
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