This is to inform and share our requirement about having two different GST slabs for purchase inwards and Retail POS billings (Footwear and Apparels) in case of slab based HSN codes.
During purchase the slab for 5% GST will be upto Rs.1000/-
During the Retail POS billing slab for 5% GST will be upto Rs.1050/-,
Similarly for 12% & 18% GST the slab during purchase has to from Rs.1000.01/-
During the Retail POS billing for GST12% & 18% slab is from Rs.1051/-
Presently there is only single GST slab for Purchase & Retail POS sales, due to which we are facing the problem, where in the MRP of the product is Rs.1050/-
Kindly look into the matter and do the needful.