Under GST tax system in India, there are three types of GST. They are IGST (Integrated Goods and Service Tax), CGST (Central Goods and Services Tax) and SGST (State Goods and Service Tax). I have written a simple and brief explanation about types of GST and types of goods and services...
Yes, proforma invoices are allowed under the GST law with the addition of GST registration number, GST Classification into CGST, IGST, and SGST, and information regarding SAC codes of services or HSN codes of goods. However, you need a tax invoice for GST calculations. ...
At CGST level: Excise Duty, Service tax, surcharge and cess At SGST level: Octroi or Entry tax, VAT, luxury tax, surcharge and cess At IGST level: Central Sales Tax GST slabs are fixed at 5%, 12%, 18% and 28%. Key Differences Between VAT and GST The fundamental differences between ...
Click here to know GST rate on Goods and Services GST Exemption list of goods and services Find HSN number or Service tariff code for GST GST registration guidelines Indian GST Laws How to export your goods? Difference between CGST and SGST What is SGST in brief? What is IGST in brief? W...