Gst on mrp value

sidhigiri (Ipcc) (236 Points)

04 August 2017  

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)