A, B, C and D... D is end user (Retailer RD) all others is business A is mfg, B is Regular dealer and C is Composition Dealer. A produce a good and Rate is Rs. 100000 Tax is 10% (for easy cal...te). Now, The product is, Ass. Value is Rs. 100000 + 10000 = 110000. Now B and C is purchased Rs. 110000. *B add 20% profit for Ass. Value Rs. 20000. Now the item value under B Rs. 120000 + 12000 = 132,000 *C is also add 20% Rs. 22000 = 132,000....
Now., The D ll be purchasing to B or C...? What is get D from purchase B...? What is get D from purchase C...?