gst. levying of tax by whom
kaushika mn (140 Points)
29 June 2017kaushika mn (140 Points)
29 June 2017
CA Saloni
(Manager-Accounts & GST Consultant)
(5124 Points)
Replied 29 June 2017
No, the seller (A) charge the tax from buyer(B) and pay to Govt
The buyer (B) will charge from consumer (C) and deduct the tax paid to (A) from it and pay balance to govt. This is called taking input credit. The tax on only value addition is paid at each stage.
kaushika mn
(140 Points)
Replied 29 June 2017
Anant Jain
(9 Points)
Replied 29 June 2017
kaushika mn
(140 Points)
Replied 29 June 2017
Anant Jain
(9 Points)
Replied 29 June 2017
kaushika mn
(140 Points)
Replied 29 June 2017
Anant Jain
(9 Points)
Replied 29 June 2017
Jitender
(AM)
(27 Points)
Replied 17 August 2017