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GST GST GST !!

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Rangoon
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Username: Rangoon

Post Number: 2842
Registered: 08-2009
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Posted on Sunday, July 02, 2017 - 06:40 pm:       

police vaadiki court vaadiki cbn audio video tape lu telusu direct ga cbn nu bokkalo veyachuni telusu.

kaani kaneesamu case kuuda file cheyyaleni syastem manadi.

modi ki, tax department ku tax evvadu kattadamu ledho telusu vaala pi padakunda end consumer nu gst perutho direct ga dopidi cheyyandi ani lisence icharu.

note ban chesthe okka bada vaadu, polician effect kaledhu kaani comman public ku mupputhippalu pettaru.
 

Rangoon
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Posted on Sunday, July 02, 2017 - 06:29 pm:       

manufacturer 10 items ku tax katti 1000 items supply chesthadu.

starting point onwords it is doing.

unless you attack big peoples and close their buisiness permanently this is not issue at all. only consumer pay gst tax to buisiness man without any receipt.

if you find any buisiness man misleading records first you need close that. then people try to maintain jenuine records
 

Abhysg
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Username: Abhysg

Post Number: 39540
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Posted on Sunday, July 02, 2017 - 05:06 pm:       


Kadapafan:

stock enduku declare chestaaru govt ki, only revenues and expenses chestaaru kadaa




balancesheet lo stock kooda untadi kada..
 

King143
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Username: King143

Post Number: 4133
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Posted on Sunday, July 02, 2017 - 04:08 pm:       


Oka_andhrudu:


India lo 90% kirana, hardware, medical etc shop vallu tax lu egadobbevaru asalu sale ye jaragaledhu ani chupinchi. After GST, if they don't show up the sale, system assumes that they are consumers and chargee's the GST. Chupisthe income tax bracket Loki vastharu. Dorikesaru... Kotha daarulu vethukkovali.



LOL, GST ki mundu velanta tax bracket lo lera? service tax, VAT TIN numbers lekunda business chesevala? mundu aa bracket lo lekapote epudu kuda undadu, ee roju kotha vachindi em ledu...

okkapudu 100 perlatho tax lu unte epudu okka peru vachindi with different value antaku minchi system lo 1% kuda change ledu...
 

Kadapafan
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Username: Kadapafan

Post Number: 22232
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Posted From: 89.253.109.246

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Posted on Sunday, July 02, 2017 - 02:40 pm:       


Cocanada:

Win for Govt is win for people. Better infra, better security


you are very idealistic, Govt has been winning in India for last 2 decades with the amount of GDP growth and all we had, the infra isnt growing at same rate
 

Kadapafan
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Posted on Sunday, July 02, 2017 - 02:39 pm:       


Oka_andhrudu:



There is a deadline for this, if he is unable to sell the item, he has to pay the tax and penalty and reclaim when he sells it. This is new tax input credit system.

If he gives up on both, the supplier who sold him the item is responsible to pay the tax with penalty. Supplier won't supply next batch stock until he clears the old one.


idi comedy gaa undi, next enti govt sales vallani supply chestaara amme daaniki

Abhysg:



at somepoint he has to declare his stock kada.. he cannot escape just like that


stock enduku declare chestaaru govt ki, only revenues and expenses chestaaru kadaa
 

Oka_andhrudu
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Username: Oka_andhrudu

Post Number: 1028
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Posted From: 183.82.230.244

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Posted on Sunday, July 02, 2017 - 12:42 pm:       


Vijayy:

will GSTs make way for the Walmarts




For sure.

And also there is very good chance of US ecommerce sites directly available for purchase from India. Just pay tax and delivery charges.
AP first !! CBN next !!
 

Oka_andhrudu
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Posted on Sunday, July 02, 2017 - 12:39 pm:       


Cocanada:

Win for Govt is win for people. Better infra, better security




GST is for sure beneficial to the country. No argument here.

Consumers ki impact kuda temporary ye, just 1-2 years.
AP first !! CBN next !!
 

Vijayy
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Username: Vijayy

Post Number: 3357
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Posted on Sunday, July 02, 2017 - 12:16 pm:       


Gandhiguevara:



but if traditional kiranams are killed them?
 

Gandhiguevara
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Username: Gandhiguevara

Post Number: 64242
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Posted From: 27.63.41.153

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Posted on Sunday, July 02, 2017 - 12:15 pm:       


Vijayy:


no....asalu mana gujju gaallu against FDIs...India lo yaaparam chesthe gujju gaalle cheyyali
 

Vijayy
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Posted on Sunday, July 02, 2017 - 12:05 pm:       

will GSTs make way for the Walmarts and Targets?
 

Gandhiguevara
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Posted on Sunday, July 02, 2017 - 11:55 am:       


Oka_andhrudu:

Consumer is the looser !! Govt is the winner !!


Media kudaa complete gaa mislead chesthaandhi public ni....ramoji gaadu aithe Modi ee puvvu vaasana choosina adhe paarijatham antunnaadu....state govts chavatatanam valla....all states janaanni gujji gaaniki takattu pettesaayi...pathetic state
 

Abhysg
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Posted on Sunday, July 02, 2017 - 11:47 am:       


Oka_andhrudu:



There is a deadline for this, if he is unable to sell the item, he has to pay the tax and penalty and reclaim when he sells it. This is new tax input credit system.

If he gives up on both, the supplier who sold him the item is responsible to pay the tax with penalty. Supplier won't supply next batch stock until he clears the old one.

This is why a business entity has to file the transactions/returns 37 times a year.




idi bad anukonta... ipudu oka kotha product techam market lo ki.. adi end consumer konaledu anuko.. retailer gadu tax pay cheyyala..? vadu return cheste dist gadu pay cheyyala..? vadu kooda return cheste manufacturer pay cheyyala..? it looks like punishment.. tax should be applicable only when it sold..
 

Abhysg
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Posted on Sunday, July 02, 2017 - 11:44 am:       


Kadapafan:

why will he has to pay, he can say that stock is with him and hasnt sold right?




at somepoint he has to declare his stock kada.. he cannot escape just like that
 

Abhysg
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Posted on Sunday, July 02, 2017 - 11:43 am:       


Cocanada:

Win for Govt is win for people. Better infra, better security




naakenti..? naakenti ani..?
 

Oka_andhrudu
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Username: Oka_andhrudu

Post Number: 1025
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Posted on Sunday, July 02, 2017 - 11:36 am:       


Karma_yogi:

Every phase/player in the manufacturing-supplyChain-endConsumer will have to pay their fair share of taxes. Ofcourse, the tax amount will be limited after tax credits from the govt, for the middle-men.




They are saying that to pay tax only for the original item/cost and not on the margin applied by wholesalers & retailers.

Even though a middlemen might pay the tax but will claim it back immediately when he sell it. Buying and selling to be recorded b2b. Evadi daggira agithe vaade consumer. Sale jaragakapothe he cannot claim the tax credit.

Consumer is the one liable for full tax that is as per the slab - 5,12,18,28

Middle men are not liable for any tax except income tax on their profits/margins.
AP first !! CBN next !!
 

Karma_yogi
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Username: Karma_yogi

Post Number: 3
Registered: 02-2017
Posted From: 24.162.242.38

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Posted on Sunday, July 02, 2017 - 11:16 am:       


Oka_andhrudu:



Ippudu, end user cherevaraku no tax.

I think it is the other way around.
Every phase/player in the manufacturing-supplyChain-endConsumer will have to pay their fair share of taxes. Ofcourse, the tax amount will be limited after tax credits from the govt, for the middle-men.}
 

Oka_andhrudu
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Post Number: 1024
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Posted on Sunday, July 02, 2017 - 11:11 am:       


Thokkalohdi:

asalu aadu wholesale deggara saruku konnadu ani kuda record lekapothey emi chestharu????




Wholesale vaadu file cheyyakapothe area distributor is liable.

Inthaku mundu factory lo nundi bayatiki ragane tax start ayyedi. Ippudu, end user cherevaraku no tax.
AP first !! CBN next !!
 

Karma_yogi
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Username: Karma_yogi

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Posted on Sunday, July 02, 2017 - 11:09 am:       


Kadapafan:



He would have already paid the tax for the soap to the wholesaler from where he got it first.
He won't get that tax credited anymore.

Re-iterating how GST works
Example:
1. Manufacturer buys raw material for soap at Rs 100 (including 10% tax, say Rs 10).
2. Manufacturer sells it to wholesaler at Rs 130 => which includes 10% tax => Rs 13.
Now he can show that to govt and essentially he pays of Rs (13 - 10) = Rs 3
3. Wholesaler sells to retailer at Rs 150 => 10% tax = Rs 15.
Effective tax for the wholesaler => Rs(15 - 13) = Rs 2. This happens only if he sells the product and claims, from the govt, the Rs 13 he paid as tax to the wholesaler.
http://indianexpress.com/article/explained/gst-bill-parliame nt-what-is-goods-services-tax-economy-explained-2950335/ http://indianexpress.com/article/explained/gst-bill-parliame nt-what-is-goods-services-tax-economy-explained-2950335/
 

Thokkalohdi
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Posted on Sunday, July 02, 2017 - 11:07 am:       


Oka_andhrudu:



India lo 90% kirana, hardware, medical etc shop vallu tax lu egadobbevaru asalu sale ye jaragaledhu ani chupinchi. After GST, if they don't show up the sale, system assumes that they are consumers and chargee's the GST. Chupisthe income tax bracket Loki vastharu. Dorikesaru... Kotha daarulu vethukkovali.




asalu aadu wholesale deggara saruku konnadu ani kuda record lekapothey emi chestharu????


Fake products ki full scope vachindi.... government has to spend to remove fake stuff now.
 

Cocanada
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Posted on Sunday, July 02, 2017 - 11:03 am:       

Win for Govt is win for people. Better infra, better security
 

Cocanada
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Posted on Sunday, July 02, 2017 - 11:01 am:       

But the way capitalism works is.. if people feel something is not worth it, new businesses will pop up which will satisfy customer needs.greedy businesses will perish
 

Oka_andhrudu
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Username: Oka_andhrudu

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Posted on Sunday, July 02, 2017 - 11:00 am:       

GST is nothing but passing on the tax to the buyer.
AP first !! CBN next !!
 

Oka_andhrudu
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Username: Oka_andhrudu

Post Number: 1022
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Posted on Sunday, July 02, 2017 - 10:57 am:       


Kadapafan:

why will he has to pay, he can say that stock is with him and hasnt sold right?




There is a deadline for this, if he is unable to sell the item, he has to pay the tax and penalty and reclaim when he sells it. This is new tax input credit system.

If he gives up on both, the supplier who sold him the item is responsible to pay the tax with penalty. Supplier won't supply next batch stock until he clears the old one.

This is why a business entity has to file the transactions/returns 37 times a year.
AP first !! CBN next !!
 

Kadapafan
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Username: Kadapafan

Post Number: 22230
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Posted on Sunday, July 02, 2017 - 10:23 am:       


Oka_andhrudu:

For Eg, oka Soap ammi dani details record cheyyakapothe, shop owner has to pay the applicable tax.


why will he has to pay, he can say that stock is with him and hasnt sold right?
 

Twotown
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Username: Twotown

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Posted on Sunday, July 02, 2017 - 09:43 am:       


Oka_andhrudu:


India lo 90% kirana, hardware, medical etc shop vallu tax lu egadobbevaru asalu sale ye jaragaledhu ani chupinchi. After GST, if they don't show up the sale, system assumes that they are consumers and chargee's the GST. Chupisthe income tax bracket Loki vastharu. Dorikesaru... Kotha daarulu vethukkovali.



Thankesss ..
 

Oka_andhrudu
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Posted on Sunday, July 02, 2017 - 09:24 am:       


Twotown:

Ela? Income tax ki GST ki sambandam enti ?




India lo 90% kirana, hardware, medical etc shop vallu tax lu egadobbevaru asalu sale ye jaragaledhu ani chupinchi. After GST, if they don't show up the sale, system assumes that they are consumers and chargee's the GST. Chupisthe income tax bracket Loki vastharu. Dorikesaru... Kotha daarulu vethukkovali.
AP first !! CBN next !!
 

Twotown
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Username: Twotown

Post Number: 6990
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Posted on Sunday, July 02, 2017 - 09:07 am:       


Oka_andhrudu:

ippudu chala mandi tax bracket Loki vastharu.



Ela? Income tax ki GST ki sambandam enti ?
 

Oka_andhrudu
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Username: Oka_andhrudu

Post Number: 1020
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Posted on Sunday, July 02, 2017 - 08:57 am:       


Twotown:

Aa consumer already 1 out 1% comedy honest tax payer ayithe




Sunakanandam entante, ippudu chala mandi tax bracket Loki vastharu.
AP first !! CBN next !!
 

Twotown
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Posted on Sunday, July 02, 2017 - 08:06 am:       

Aa consumer already 1 out 1% comedy honest tax payer ayithe
 

Oka_andhrudu
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Username: Oka_andhrudu

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Posted on Sunday, July 02, 2017 - 07:42 am:       

GST says only consumer has to pay TAX.

Retailers & shop owners must show all the records now properly to pass on the GST to consumers, else they are liable for paying the tax as the system can assume they are the consumers !!

For Eg, oka Soap ammi dani details record cheyyakapothe, shop owner has to pay the applicable tax.

If they did show up the records, they have to pay income tax.

Employees ego satisfy avuthundi. Govt ki income increase avuthundi.

Item cost eventually increases as the shop owners start to pass on their income tax burden also to consumers.

Consumer is the looser !! Govt is the winner !!
AP first !! CBN next !!

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