1. Presentation by DR. N RAMALINGAM Associate Professor Gulati Institute of Finance and Taxation Government of Kerala Thiruvananthapuram Presentation by DR. N RAMALINGAM Associate Professor Gulati Institute of Finance and Taxation Government of Kerala Thiruvananthapuram DUAL GOODS AND SERVICES TAXATION IN INDIA PRICE AND TAX CALCULATIONS UNDER THE SUPPLY CHAIN DUAL GOODS AND SERVICES TAXATION IN INDIA PRICE AND TAX CALCULATIONS UNDER THE SUPPLY CHAIN rama64@rediffmail.com

2. 2 2 INTRA-STATE TRANSACTION INTRA-STATE TRANSACTION

3. RAW MATERIAL SUPPLIER (First Dealer) 3 3

4. 4 4 MANUFACTURER (Second Dealer)

5. 5 5 WHOLESALER (Third Dealer)

6. 6 6 RETAILER (Fourth Dealer)

7. 7 7 FINAL CONSUMER

8. 8 8 REVENUE TO CENTRAL & STATE GOVERNMENTS

9. 9 9 INTER-STATE TRANSACTION INTER-STATE TRANSACTION

10. 10 RAW MATERIAL SUPPLIER ( First Dealer) ( STATE -TAMIL NADU) RAW MATERIAL SUPPLIER ( First Dealer) ( STATE -TAMIL NADU) NO.PARTICULARS CENTRAL EXCISE DUTY / STATE SALES TAX (UPTO 31-3-2005) CENTRAL EXCISE DUTY / STATE VALUE ADDED TAX ( FROM 1-4-2005) CENTRAL GST / STATE GST [FROM 1-4-2016(?)] Situation -1Situation -2Situation -3 1Raw materials500.00 2Expenses & Profits / losses300.00 3Total800.00 4 Central Excise Duty / Central GST (10%) N.A. 80.00 5 State Sales Tax /State Value Added Tax/ State GST (10%) 80.00 6Sale Value [3+4+5]880.00 960.00 7Remittance to Central Govt.NIL 80.00 8Remittance to State Govt.80.00

11. 11 MANUFACTURER ( Second Dealer & Inter-State Seller) ( STATE -TAMIL NADU ) (PURCHASES WITHIN THE STATE ONLY ) MANUFACTURER ( Second Dealer & Inter-State Seller) ( STATE -TAMIL NADU ) (PURCHASES WITHIN THE STATE ONLY )

12. NO.PARTICULARS CENTRAL EXCISE DUTY / STATE SALES TAX ( UPTO 31-3-2005) CENTRAL EXCISE DUTY / STATE VALUE ADDED TAX ( FROM 1-4-2005) CENTRAL GST / STATE GST [FROM 1-4-2016(?)] Situation -1Situation -2Situation -3 1 Purchases (Basic Price) 1380.001300.00 2 Central Excise Duty / Central GST (10%) 138.00 260.00 3 Central Sales Tax (4% or 2%)/ Integrated GST (20%) 60.7228.76 4 Purchase Value (excluding Sl.Nos.2 & 3.for Situations 3) 1578.721466.761300.00 5 Expenses & Profits / losses 200.00 6 Total [4+5] 1778.721666.761500.00 7 Central Excise Duty / Central GST (10% ) N.A. 150.00 8 State Sales Tax / State Value Added Tax / State GST (10% ) 177.87166.67150.00 9 Sale Value [6+7+ 8] 1956.591833.431800.00 Alt.2Alt.3 10 Remittance to Central Govt. N.A. 0.00 40.0020.00 11 Remittance to Purchaser's State Govt.(Kerala) 177.87166.6740.00 0.0020.00 12 Trasfer by the Central Agency to the Purchaser's State Govt.(Kerala) N.A. 110.00 150.00130.00 12 INTER-STATE PURCHASER (STATE - KERALA) INTER-STATE PURCHASER (STATE - KERALA)