One doubt sir, As you have said, in the case of Intra state trade, initially republic was sold at Rs.120 which will be borne by consumer X and then that consumer X add some value and sold that back to end consumer Y at Rs.240 which includes the tax already paid by X to buy republic but X will get rebate of Rs.20 so why not he sell the product at Rs.220 sir. I am confused by that because the actual taxation is for value addition only so why he charges Rs.40. Can you understand my query sir
One doubt sir, As you have said, in the case of Intra state trade, initially republic was sold at Rs.120 which will be borne by consumer X and then that consumer X add some value and sold that back to end consumer Y at Rs.240 which includes the tax already paid by X to buy republic but X will get rebate of Rs.20 so why not he sell the product at Rs.220 sir. I am confused by that because the actual taxation is for value addition only so why he charges Rs.40. Can you understand my query sir