Sale on installment
anshul tiwari (Student CA IPC / IPCC) (261 Points)
18 July 2017
If we are selling any good in installment basis then how can we charge gst
2 Replies
ANKIT RISHI
(109 Points)
Replied 18 July 2017
1. Include the tax amount in the total amount then divide it into installment.
2. Apply the tax on installment as installment will be including both principal and interest and GST in applicable on both of them.
2. Apply the tax on installment as installment will be including both principal and interest and GST in applicable on both of them.
ANKIT RISHI
(109 Points)
Replied 18 July 2017
1. Include the tax amount in the total amount then divide it into installment.
2. Apply the tax on installment as installment will be including both principal and interest and GST in applicable on both of them.
2. Apply the tax on installment as installment will be including both principal and interest and GST in applicable on both of them.
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