Finance & Accounts p...ย โขย 21d
1. Sale of Goods by Seller Seller's Invoice Value (Inclusive of GST @28%) = โน100 Breakup: Taxable Value = โน78.12 GST @ 28% = โน21.88 This is a sale made by the seller, and Amazon collects this โน100 from the customer on behalf of the seller. 2. Service Charges by Amazon to Seller Amazon deducts its service charges for delivering the goods and providing platform services. Suppose the service charge is โน15 + 18% GST = โน2.70 โ Total Deduction = โน17.70 This is an invoice from Amazon to the seller for service provided. Final Settlement: Total Collected from Customer: โน100 Less: Amazonโs Service Charge (incl. GST): โน17.70 Net Amount Paid to Seller: โน82.30 Notes: The seller will pay GST of โน21.88 to the government (Output Tax). Sellers can claim ITC of โน2.70 on GST charged by Amazon (Input Tax). more clarification pls connect @9873842103
Founder @erizo.inย โขย 22d
koi CA ya accountant ho toh mere ek sawal ka jawab dijiye maan lijiye amazon par kisi seller ka Rs.100 ka saman sale hota hai aur uski item ki MRP bhi 100 hai jisme 28% GST included hai, amazon sirf delivery fee aur platform fee le sakta hai, amazon
See MoreChartered Accountantย โขย 1y
GST Thread 2 What GST brings along with it - 1. Value added tax and no cascading of taxes - GST is only on the value added by the manufacturer and being a value added tax at each stage it avoids double taxation Example - If I purchase plastic fr
See MoreLet's work togetherย โขย 1m
I am looking for some funding to my SaaS startups. so are there any hackathons or some competition to participate and get funds related to Fintech and Gst solution products ? my product is: AI GST Filling Automation helps the gst filling process si
See MoreLet's work togetherย โขย 2m
Filing GST is confusing, especially for freelancers and small business owners in India. Most tools are complex or expensive โ making tax filing stressful instead of simple. ๐ Just built my MVP! A tool that helps Indian freelancers file GSTR-1 easi
See MoreDownload the medial app to read full posts, comements and news.