We get 3-wheeler bodies fabricated from Lucknow. Earlier fabricator was billing us @ 30,000/- plus 14.5% VAT. Now he is insisting to bill @ 30,000/- plus 28% GST. Thus increasing the cost to us by 13.5%. He is refusing to pass on the benefit of ITC to us. How can we convince him?... P.P. Dhir, Dayal Motors, Agra
We get 3-wheeler bodies fabricated from Lucknow. Earlier fabricator was billing us @ 30,000/- plus 14.5% VAT. Now he is insisting to bill @ 30,000/- plus 28% GST. Thus increasing the cost to us by 13.5%. He is refusing to pass on the benefit of ITC to us. How can we convince him?... P.P. Dhir, Dayal Motors, Agra
Dear Sir I am a merchant exporter, buy cotton yarns from Manufacturer paying 5% GST and do export. How do i get the refund of this 5% paid on Input tax.
Hi i m a commission agent of Grains. we have selling the Grains in Haraji(Auction)Market on behalf of farmer(consignor) on commission basis and they have paid a commission on such sales. Pls guide whether the GST is applicable in this scenioro. The all types of Grains are exempted from GST and seller are the farmers of small region.
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It is incorrect to say concept of MRP is not present in GST. MRP is controlled by Legal Metrology Act and is still in existence. GST is subsumed in MRP and hence it is prudent to say, MRP includes GST rather than saying MRP doesn't exist in GST regime.