Flash
Lost in speed
But new GST rates are effective since yesterday.
If they sell monitors still at old GST rate, isn't that a scam?
Urgent....Need IPS Monitor 24-27"
- Thread starter shreeux
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If they sell monitors still at old GST rate, isn't that a scam?
Nerevarine
Incarnate
For it to be not a scam, shouldnt the converse also be true ?
(I.e. monitors purchased at 18% GST before ruling, to be sold at 18% instead of higher after ruling). But Im guessing most shops wont follow this ?
Can anyone enlighten ?
GST goes to govt in any case so whatever extra money customer pay will end up in govt pocket only hence no hurry on sellers part.
GST rules are quite complex but I am guessing that extra "10%" will be adjusted against any tax liability of sellers towards govt as they must have got their stock at a higher cost when GST was higher.
GST rules are quite complex but I am guessing that extra "10%" will be adjusted against any tax liability of sellers towards govt as they must have got their stock at a higher cost when GST was higher.
Flash
Lost in speed
Usually most of them do like this, afaik atleast in hotels.
Base price of a product (assume 78/-) + 28% of GST (22/-), so total is 100/-.
After if GST is changed, they increase the base price of the product like
Base price of a product (85/-) + 18% of GST (15/-), still totals to 100/-.
Base price of a product (assume 78/-) + 28% of GST (22/-), so total is 100/-.
After if GST is changed, they increase the base price of the product like
Base price of a product (85/-) + 18% of GST (15/-), still totals to 100/-.
Nerevarine
Incarnate
I have observed this with Subway and a bunch of other restaurants. Also, restaurants charged AC GST charge when they are situated outside in the open. It's ridiculous when I showed the manager of that restaurant the bill of an adjacent restaurant, and he said.. "Sorry saar, these are the rules saar"
That is because govt in its infinite wisdom decided to withdraw ITC benefits for Restaurants. Because of this they have to "adjust their bills" to still remain profitable.
P.S. as for that AC GST,my guess is that they are claiming it for their offices/non-restaurant locations on leased/rented property.
P.S. as for that AC GST,my guess is that they are claiming it for their offices/non-restaurant locations on leased/rented property.
OP
shreeux
Movie Buff
As of now bought ZOTAC GeForce GT 210 1GB @ 500 in OLX.
Will Plan to replace the whole CPU later.
Nerevarine
Incarnate
Did you test it before buying ??? People sell dead GPUs in OLX All the time
OP
shreeux
Movie Buff
Yes, Now using past 3 days no problem till now.,
Alright.
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