MRP & Abatement in GST billing
Query (Issue) Started By: – venkat eswaran Dated:- 21-6-2017 Last Reply Date:- 21-6-2017 Goods and Services Tax – GST
Got 1 Reply
GST
Dear all,
Our mfg products paints & thinner is MRP based item and we pay Excise duty after abatement in MRP rate.
What will happen to this in GST billing. how we can show and on what basis we have to pay Excise (GST ) from 1.7.17?
Kindly share your views on this
thanks and advance
Venkat
Reply By MADAN RAHEJA:
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