I purchases paddy and wheat directly, can anybody explain how does GST will affect me?
I am a food grains trader, I purchases paddy and wheat directly? from farmers and sell to registered milles, i pays mandi shulk on purchases. I also pay UP VAT Can anybody explain how does GST will affect me?
Purchase tax (VAT) on agricultural products will get subsumed in GST. however other statutory charges that are levied on food grains by local govt. like rural development fee,market(mandi)fee,infrastructure development tax and commission to agents etc. may continue in the new regime.