What stage will the tax be collected at : wholesalers ,retailers or distributors?

What stage will the tax be collected at : wholesalers ,retailers or distributors?

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3 Answer(s)

Tax will be collected at every stage only ITC will be returned to every previous stage after the transaction.

Answered on July 3, 2017.
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Tax will be collected at all stages. eg, GST is sale by wholesaler to retailer will be let’s say 100 + 18. from retailer to dealer it will be 118 + 32 (his value addition/labour) + 27 (150*.18) = 177 govt of dealer state will receive ₹27 because it is consumption based taxation.

Answered on July 3, 2017.
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Tax will be collected at each chain of transaction.

Answered on July 3, 2017.
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Your Answer

Gen GST