Taxpayers must fill in their monthly or quarterly GSTR 1 form in January to avoid penalty charges. In this regard, you can read our guide on everything you need to know about form GSTR 1. Since 31st December is the due date to file GSTR-9 for a financial year, taxpayers who haven...
This falls under the category of GST on Transport Services. 2. GST on Transit Insurance Transit insurance, which covers goods during transportation, attracts a GST rate of 18%. This is separate from the GST on Freight Charges applicable to the transportation service. 3. GST on Full Packers ...
Taxpayers switching to the Composition Scheme must reverse ITC on inputs, WIP, and finished goods as of March 31, 2025, by filing ITC-03 by May 30, 2025. 7. GTA Declaration for GST Payment under Forward Charge Businesses must obtain and retain declarations filed by Goods Transport Agencies ...
A GST E-way bill has to be generated for individuals who want to transport goods that are worth more than INR 50,000 within the country. Read more here. Read More GST Rates GST on Fertilizer: Rates, HSN Codes & Industry Impact March 21, 2025 5 Mins Read Fertilizers are essential...
How we charge of customize and tailor made software in GST siva:On 23 June 2017 sir cotton brokerage is applicabel to GST? ( if its the Agricultural oriented product) ? Jatin solanki :On 23 June 2017 What will be the GST rates for Air source heat pump & it's HSN code is 84186100....
We are providing service for transportation of goods from ports to business premises. We subcontract the work to GTA or Truck owner. The GTA is billing to us either RCM or FC bill. We are not issuing any consignment note to our customer. In this case how much GST we should charge to ...
You can quickly make stunning GST Tax Compliant Invoices with your business logo, references like transport choice, PO references, terms and conditions, bank account details, discount, cess, expanded product descriptions, due dates, reverse charge and location of supply provisions as per Indian GST...
Under GST, tax is levied on each of these stages and that’s why it is referred to as a multi-stage tax. Value addition: Let’s assume you manufacture a shirt. The value of the inputs increases when you add a print to it, and then further invest in sustainable packaging for sale...
IfaGTA isregistered underRCM 5 till31 03 2019 hisITC ledger has a substantial amount of credit now can he change to Forward Charge 12 from01 04 2019 and can he adjust ITC credit in ledger showing up to31 03 2019 from this years forward charge Please advi
Lodging services trying to charge more than Rs. 1000 per day but less than Rs. 2500 per day. Services with 18% GST rates Foreman assistance for chit fund. Air transport of passengers in non-economy class. Intellectual property rights of services except for IT software. ...