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Tax treatment on petroleum products, VAT + CST |
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Tax treatment on petroleum products |
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sir. kindly clarrify. Query on Petrol bunk business- 1. dealer get petrol from Bharath petroleum and he makes sale and realise profit- is it taxable under VAT 2. commission received from Barath petroleum on sales of petrol - taxable or not? Posts / Replies Showing Replies 1 to 1 of 1 Records Page: 1
Answer to query no.2 : Commission earned on account of non-GST goods is not taxable under GST. Such commission is not against taxable supply. Page: 1 Old Query - New Comments are closed. |
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