Transaction Value as per GST

Manish Shaw (Student) (106 Points)

20 September 2022  
Dear Expert/ Senior

Please Guide me.

Taxable Amount - 100000, Input GST- 18000, Purchase value -118000

Supplier Provide scheme discount -20000

Sale:-
Taxable Amount - 90000, Output GST-16200, Sale Value -106200

Closing Stock Value - 0.00

GST Receivable - 18000-16200=1800

1) Can I claim GST refund if business close?

2) As per GST Sale taxable Amount is right or not?


Thank you