SUPPOSE A RETAILER PURCAHSE A PRODUCT FROM WHOLSALER FOR RS 800 AND PAY GST @ 5% RS 40 TOTAL 840 AND PRODUCT MRP IS 1000 NOW HOW RETAILER CHARGE GST ON THE SAME PRODUCT IF HE SALE IT FOR RS 950
ON MRP OR ON SALE VALUE(REVERSE CALCLULATION)
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Gst on mrp value
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GST on sale value.
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