watch_later 3 years, 7 months ago
KINDLY CALIRIFY AS UNDER:
1.)COST OF PRODUCT Rs.7000PMT
2.) FRIGHT :- Rs.3000PMT
3.) MY SERVICE CHARGES :- Rs.100PMT
TOTAL VALUE :- 10100PMT
GST @ 18 % :- Rs.1818PMT
G.TOTAL :- Rs.11918PMT
NOW I DEPOSIT THIS GST OF Rs.1818PMT TO GST DEPT. THEN WHAT WILL BE MINE STATUS FOR AVAILING ITC UNDER GST. WHETHER I WILL BE ABLE TO TAKE FULL 18% INPUT ON ABOVE F.O.R BILLING OR NOT.
AND WHAT GAT ON FREIGHT SHOULD I BOOK IN MY BOOK OF ACCOUNTS.
Join the largest Taxation Q&A platform on internet and ASK YOUR OWN question.Ask your Question
You need to be logged in to answer.
Check your GST numbers in bulk. Check unlimited GST numbers with very cheap packages.