Mr. Anand a manufacture in Andhra Pradesh has supplied goods worth of Rs.10000 to Mr. Arun a dealer in Andhra Pradesh.
Mr Arun A supplied same goods to Mr. Kartik in Karnataka after making the value addition of 10%.
Mr Kartik Further supplied the goods to Mr. Kumar a dealer in Karnakata after value addition of 10%.
Lets us assume GST rate is 18% . Compute the Tax obligation for Anand, Arun, Kartik, Kumar. And also compute the revenue to Andhra and Karnataka.
GST Overview at every stage
1.Input credit cross utilization between CGST and SGST is not possible and vice versa.
2. Cross utilization is allowed between CGST/SGST/UGST and IGST and vice versa.
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