Which at i hv to apply GST 300 i.e. my profit or on all over cost i.e. 1000?

I’m paint manufacturer, suppose my products final cost is 700 and other expenses and my profit including is 300, so final cost will become 1000. On which at i hv to apply GST 300 i.e. my profit or on all over cost i.e. 1000?

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3 Answer(s)

You will charge GST on final price including cost and profit, so ₹1000 GST rate.

Answered on July 3, 2017.
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On total amount i.e.1000

Answered on July 3, 2017.
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GST to be charged on transaction value. ie in ur case is ₹1000/-

Answered on July 3, 2017.
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Your Answer

Gen GST