Urgent Help required!!!

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.
149 Points Joined December 2013
From 15th November 2017, GST is reduced in some goods, from 28% to  
18% .  We are having stock which was purchased @ 28%.

Kindly send your opinion about at what % we should sale the goods to  
customer with respect to stock in hand.
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On 19 November 2017 at 19:10 Report
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aaa
729 Points Joined August 2009
Rate will be taken 18 % w.e.f 15/11/2017.
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On 19 November 2017 at 19:15
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trainee
59 Points Joined June 2012
your purchasing rate can't effect your sell... sell at 18% rate and can take be credit of 28% as you paid at time of purchase..
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On 19 November 2017 at 19:34
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"Do the Right Thing...!!!"
128147 Points Joined January 2015
Yes I agreed to Ms. Preeti.,

You ll sell with 18% rate of tax and also you can avail the ITC benefits of 28%...
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On 19 November 2017 at 21:17
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Business and tax consultant
3299 Points Joined September 2017
but should not increase base price
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On 19 November 2017 at 21:38
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.
149 Points Joined December 2013
thank you so much
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On 19 November 2017 at 21:58
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"Do the Right Thing...!!!"
128147 Points Joined January 2015
Mr. G Mahesh mundra.,
What is your mean...?
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On 19 November 2017 at 22:03
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"Do the Right Thing...!!!"
128147 Points Joined January 2015
You are welcome Mr Akshay...
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On 19 November 2017 at 22:04
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4 Points Joined November 2017
i am not understand mr. akshay
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On 20 November 2017 at 08:49
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trainee
59 Points Joined June 2012
mehash ji what is means base price should not increase?
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On 20 November 2017 at 12:25
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Business and tax consultant
3299 Points Joined September 2017
Means the sale price before 28% for example 100+28=128 now 100+18= 118 means 100 is the base price
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On 20 November 2017 at 12:31
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trainee
59 Points Joined June 2012
I think his questions was ... purchase price 100+28=128 now want to sell at 110+19.8=129.8 after adding profit.
obviously noone can sell at purchase price.
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On 20 November 2017 at 12:36
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Business and tax consultant
3299 Points Joined September 2017
Just read his question carefully
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On 20 November 2017 at 12:51
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"Do the Right Thing...!!!"
128147 Points Joined January 2015
Dear Mr. G Mahesh Mundra

He can't give any value....
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On 20 November 2017 at 12:55
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aaa
729 Points Joined August 2009
I don't think that any profit value is going to changed because of amendment in tax rate. It will be having less liability compare to earlier .
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On 20 November 2017 at 13:06


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