Respected Sir,

I have one Distribution, when i give order to company, company will send products directly to my place with bill(which include 14.5% VAT as per Karnataka state).

then i will distribute products to retailers, when i am distributing products to retailers - how i should charge VAT to retailers? and is it i need to pay Tax to the Govt?

Could you please help me sir.

 

Thanks,

Praveen Sastry

Posted 10 months, 2 weeks ago by Praveen Kumar


You need to charge vat at value charged to buyers. You need to pay VAT to government after taking eligible input credit.

Posted 10 months, 2 weeks ago by CA Pulkit Sharma


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