The Tamil Nadu Authority for Advance Ruling (AAR) ruled on allowing easement rights as a service moreover goods and services tax (GST) at the rate of 18% should be liable. For the easement of the right, the owner of the selective property next to which h
Interest benefit is due date +15 days of grace period post which 9% interest rate will be applicable, so due date becomes 20th May + 15 days Income Tax: The CBDT vide the Taxation and Other Laws (Relaxation of Certain Provisions) Ordinance, 2020 dated 31-03-2020 has extended all respec...
Which businesses are affected? As a business either based in Singapore or a foreign business with transactions with Singaporeans, you may be affected by the GST rate change due to the following. Based in Singapore Based overseas Retrospective view - Your taxable turnover at the end of the cale...
The Maharashtra Appellate Authority of Advance Ruling (AAAR) declared the AAR’s governing and endured that 18% GST rate The petitioner was Mr Vilas Chandanmal Gandhi, who is the owner of the property lie amid of PMC and wanted to construct the property
Integrated GST (IGST)is crucial for inter-state transactions. It is collected by the central government and applies not only to sales across state lines but also to imports and exports of goods and services. The IGST rate is equivalent to the total GST rate applicable to the product or servi...
It builds upon the global 6-digit HSN code by adding two more digits for further product categorization. This GST HSN code system serves two key purposes:: Streamlined Taxation: The HSN code helps identify the specific product category, which directly determines the applicable GST rate. This ...
Support Applicable % of tax rate. The configuration can only be used in 10.0.9. If you are retail customers, you need to make sure the retail has a version of Microsoft.Dynamics365.Tax.dll equal to or above 10.0.4006 and the HQ has a version of Microsoft.Dynamics365.Tax.dll equal to...
GUJARAT AUTHORITY FOR ADVANCE RULING GOODS AND SERVICES TAX D 5 RAJYA KAR BHAVAN ASHRAM ROAD AHMEDABAD 380 009 ADVANCE RULING NO GUJ GAAR R 06 2021 IN APPLICATI
Set GST rate for the product prices below the set minimum product price. For e.g, minimum price = ₹1000. If you want to apply GST according to product price and in case discount is applied hence GST is calculated based on set amount.If product price + discount < ₹1000 : 5% (...
to file goods and service taxes on plastic products.Vendorscan do that by acquiring the sale/purchaseinvoice, and by duly classifying the type of plastic item according to its respective code in the table below. The corresponding applicable rate ofGSTcan then be looked up and used for filing....