how to fix the price and how to show the tax

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....ow to fix the price and how to show the tax<br> Query (Issue) Started By: - Ramaseshaiah M Dated:- 10-7-2017 Last Reply Date:- 10-7-2017 Goods and Services Tax - GST<br>Got 1 Reply<br>GST<br>Sir, I p....

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....urchased with &#8377;100/- and paid &#8377;28/- tax and added (transport+rent+profit)=&#8377;30/- and the price is &#8377;158/- now &#8377;158/- is enough to collect from the customer, Either I need ....

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....to collect 28% on &#8377;158/- nor I need to collect 28% on &#8377;30/- kindly help me to understand thanking you sir Reply By Shiv Kumar: The Reply: Assuming that you are getting credit of GST pa....

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....id on your purchases: then, your purchase price is = &#8377; 100 add your margins and other cost= 30 Total sales price= 130 GST on above sales price= &#8377; 36.4 you should take the credit of ....

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....RS. 28 paid on your purchase and pay the remaining &#8377; 8.4 ( 36.4-28 ) if no credit available: then your purchase cost will be = &#8377; 128 ( including GST) in that case your sales price wil....

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....l be=Rs. 158 ( including your profits ) then you should charge GST on &#8377; 158.<br> Discussion Forum - Knowledge Sharing ....