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Welcome to the GST Circle

As a member of the local circles related to taxation and doing business and startups, you have been given access to the newly formed GST circle.

This circle will help anyone find information or get their queries on GST answered. If you want to invite other colleagues, friends, etc, please share the link below

http://bit.ly/gst-circle more  

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Shyam Shrivastava
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Saripalli Suryanarayana
These novels are about [a]Valuation of property for business,which the basis for all the problems in society.[b]Accounting scandels,historically which led to ENRON,WORLDCOM,and other such companies in USA in 2004....Read them..[1].https://www.scribd.com/document/329201844/2025-Diamond-Treasure-Islands.[2]https://www.scribd.com/doc/284539534/9202020..[3]https://www.scribd.com/doc/291090713/Nani-Novel more  
Ravindra Verma
Can someone tell me the applicable rate for electrical equipment ! more  
Ashok Lal
I want to know what GST is payable on scientific consultancy activities. Let some expert guide me more  
Anil Mehta
Thanks a lot for adding me more  
Prakash Shende
For developing understanding created following and want to know if my understanding is correct :-

Giving below example of GST where ex works price is Rs1000 & 18% tax rate and 4 supply chain points before sold to end customer

1. 1000.00 180.00 180

2. 1200.00 216.00 36

3. 1500.00 270.00 54

4. 1800.00 324.00 54

5. 2000.00 360.00 36


First column is price second column is tax.

Last column indicates tax to be paid by supply chain point to govt.

Last is customer who pays total tax. But agency pays only to govt 36.00 more  
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