PRICE OF THE PRODUCT UNDER PRE AND POST GST
Query (Issue) Started By: – RameshBabu Kari Dated:- 28-7-2017 Last Reply Date:- 30-7-2017 Goods and Services Tax – GST
Got 3 Replies
GST
Dear Expert,
\nIf the price of the product was Rs.10,000\/- which was pre-gst price including vat to the customer in the market. Price of the same product will be the same ₹ 10,000\/- even post gst ?
\ni.e Post gst price of the product, if gst rate is 18% = price of the product is ₹ 10,000\/-(cost = 8200 + cgst 900 + sgst 900)
\nor
\nPost gst price = 11800\/=(10,000+1800)
\nWhich one is correct ? and is there any wrong on the 11800\/- of the product to the custome ? Please clarify with applicable provisions and rules of gst.
\nReply By KASTURI SETHI<\/p>\n
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Plain text (Extract) only<\/strong> = = = = = = = =<\/p>\n","protected":false},"excerpt":{"rendered":" PRICE OF THE PRODUCT UNDER PRE AND POST GST Query (Issue) Started By: – RameshBabu Kari Dated:- 28-7-2017 Last Reply Date:- 30-7-2017 Goods and Services Tax – GSTGot 3 RepliesGSTDear Expert, If the price of the product was Rs.10,000\/- which was pre-gst price including vat to the customer in the market. Price of the same … Continue reading “PRICE OF THE PRODUCT UNDER PRE AND POST GST”<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-6601","post","type-post","status-publish","format-standard","hentry"],"_links":{"self":[{"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=\/wp\/v2\/posts\/6601","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=6601"}],"version-history":[{"count":0,"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=\/wp\/v2\/posts\/6601\/revisions"}],"wp:attachment":[{"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=6601"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=6601"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=6601"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
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