Check sibling questions

If vendor is not registered in GST, GST deducted will be his expense

If he is registered in GST, he can reduce the same from his tax liability

Example 1

Flipkart Sells goods to customer for Rs 100000

It charges Rs 30000 Commission and pays Balance to Vendor

What is TCS to be deposited

View Answer

Suppose GST Rate on Goods is 5%. What is GST Payable by Vendor

View Answer
CA Maninder Singh's photo - Expert in Practical Accounts, Taxation and Efiling

Made by

CA Maninder Singh

CA Maninder Singh is a Chartered Accountant for the past 12 years. He also provides Accounts Tax GST Training in Delhi, Kerala and online.