Hi, below is the diagram to show how GST works from supplier to consumer ?
A typical Tax invoice from supplier to wholesaler and retailer used to claim back the tax amount from government.
Output Tax - Input Tax Credit = positive ( paid to government )
Output Tax - Input Tax Credit = negative ( government refund)
A typical Tax invoice from supplier to wholesaler and retailer used to claim back the tax amount from government.
No comments:
Post a Comment