Dear Sir, I am running a proprietor firm registered under GST and trading in Office stationery. I have a query. When I supply items to registered gst clients, I add my profit amount to the cost price of the item and then add required gst amount to it. This is normal and clear to me. But, recently, I got to sell items to a school which does not have gst number and does not come under ambit of gst. So, I have to supply items with zero gst added to the final product price. In such a transaction, how I will calculate my profit margin and what will be tax implication for my firm. Pls advise. Thanks. | anreads Forums | anreads