Question ID :
22196
Calculation of GST on e-recharge by the Dealer or Retailers of Telecom Company
Please analyse the transaction between the e-recharge Dealer (“the Dealer”) of Telecom companies such as Airtel or Reliance Jio (“the Company”) and the Retailers.
The Dealer purchases talk time of Rs. 1,09,349- against the payment of Rs. 1,00,000- to the Company.
The Company is raising the Invoice of Rs. Rs. 99,507.58 only instead of Rs. 1,00,000-.
Commissions are also paid by the Company to the Dealer and the Retailers.
Now the Dealer sold the talk time of Rs. 1,06,500 on payment of Rs. 1,00,000- to his Retailers.
Now, the Query is that how the Dealers would discharge the GST Liability on sale of e-recharge.
posted by
NIRAJ KUMAR
on
Oct 3 2017 12:00AM