Look when you pay me Rs. 118,000 you are paying Rs. 18000 GST | Wealth of Wisdom - WOW
Look when you pay me Rs. 118,000 you are paying Rs. 18000 GST to the government, and I am paying that on your behalf. I incur about 20% at least as expenses. I net Rs. 80,000. Out of that I pay 32000 as tax So I am now left with 48000. What you see as 118k, I see as 48k. And when I spend this 48k, again I am paying GST
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