Under certain conditions, you can claim up to SGD1,000 with a valid tax invoice, applicable only for food and drinks. Travelling costs You can claim input tax for pay per trip chauffered private hire cars, such as limousine services. General insurance for your business Input tax claims for ...
Generally, essential products such as basic food items, electricity up to 300 units, treated water for domestic consumption and essential medicines are zero-rated. In order to ensure Malaysian products and services are competitive outside of Malaysia, exported goods and s...
As no new tax that has been introduced it will not impact the customers much. They will still have to pay 5%GSTto order the food online. However, this move may also create some confusion in terms of applicability of input tax credits, for which a clarification expected from the government...
The goods and services tax (GST) is anindirect federal sales taxthat is applied to the cost of certain goods and services. The business adds the GST to the price of the product, and a customer who buys the product pays the sales price inclusive of the GST. The GST portion is collected...
Dear Sir/Madam, Food and Supply is appear both in the List of Goods and in the List of Supply - rate of GST is mentioned as 18%; we need to charge twice or once. it means 18% or 36% lodhaps:On 25 June 2017 how to make tax invoice for pharma export:1. what is the rate to...
HSN or HS Code signifies ‘Harmonised System of Nomenclature.’ Itis a standardized system for classifying commodities globally in a systematicmanner. India has used HSN codes to classify commodities for C… Deskera BlogDeskera Content TeamGST on Food Services & Restaurant Business Any change in the...
For suppliers of food articles, primary manufacturers, small traders, small businesses, etc., doing business only inside the state, a simple payment method is recommended, known as Composition Scheme. The government has extended the scheme for small service providers also. 6. Registration Every supp...
Your business provides taxi or limousine travel (regardless of turnover) How do you register for GST? If you meet the requirements for AUS GST, you’ll need to register as soon as possible. Theregistration processis simple: you can do it online, by phone, or through a registered agent, ...
And for that, you require FSSAI registration. FSSAI registration or the food license is necessary at the initial stage while beginning a food business. Whether it’s about food manufacturing or processing, packaging or transportation of the food, all food businesses require an FSSAI registration. ...
Goods and Services Tax (GST) is a tax applied by a business on the sale of particular products and/or services provided to customersInvoicing and accounting software like Debitoor makes it easy to apply GST to your invoices and includes automatic calculations. Try it free for 7 days....