A gst registered regular scheme dealer purchases of goods at 28%tax rate.this same tax rate goods(not a damaged and destroy) selling at low prices or purchases of 50% low price allowed in gst.
Sundaraiahk@gmail.com Asked question October 13, 2020
Goods can be sold at less price without issue, except in cases of distinct persons and related persons , wherein the transaction value can be disregarded and GST will be applied on fair value as per CGST Rules, 2017.
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Frah Saeed Changed status to publish October 14, 2020