HSN Code and SAC under GST: A Move towards Standardization Penalties, Confiscation, Detention & Seizure on Non-generation of E-way Bill GSTR 1 Blocking if GSTR 3B Not Filed Timely Supply in GST –10 Facts You Need to Know Now, let us look at GST due dates for February 2023. Here is...
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 simplifies tax calculation and administration for businesses.. ...
Also Read - Importance of HSN Code GST Advantages and Disadvantages Following is a quick overview of the GST advantages and disadvantages for your reference: Advantages of GSTDisadvantages of GST Simplifies the tax system by replacing multiple indirect taxes. One the many drawbacks of GST is that ...
(e) name and address of the recipient and the address of delivery, along with the name of the State and its code, if such recipient is un-registered and where the value of the taxable supply is fifty thousand rupees or more; (f) name and address of the recipient and the address of ...
GST REGISTRATION Sr No.StateGST No.DistrictPostal AddressState Code 1GUJARAT24AABCA2951N1ZOAHMEDABAD Astral Limited (Formerly known as Astral Poly Technik Limited) 207/1, "Astral House", Opp. Satyam Corporate Square, B/h. Rajpath Club, Off. S.G. Highway, Ahmedabad - 380059, Gujarat ...
Name and address of the recipient Delivery address Name of the State and State code GST Bill Example Format The format of a GST invoice differs based on the business’s needs and industry standards. The following image provides a general example of the GST invoice format. Prescribed GST Bill ...
GST rates for mobile phones is 18% and the HSN code is 8517. When SGST & CGST or IGST is Applied? As mentioned, 18% GST has to be paid by the customer on the purchase of mobile phones. If the customer is buying a phone from the dealer within state premises then that 18% will ...
GST is managed by the Goods and Services Tax Council and is governed by the Goods and Services Tax Act, of 2017. GST is levied on all types of goods and services except petroleum products, and electricity, on which the taxes are levied by the state governments. It is divided into two ...
Make sure the GSTIN is from the same state shown in your billing address. Verify your numberon the GST portal and make sure it is valid. Add a GSTIN You may add your GSTIN at any time withinMyKinsta, go tousername>Company settings>Billing Details. Enter your number in the GSTIN field...
Indian Financial System Code (IFSC) number of the corresponding bank and branch. Correct India bank account number. Jurisdiction details. What are the various types of returns under the GST laws? The following table lists the various types of returns under GST Law: ReturnDescriptionWho files?Date...