has finalised suggestions on old and used cars. As on date, GST is levied on the margin of the supplier. There are four categories of old and used cars for GST applicability. The first category includes petrol, LPG, and CNG cars with an...
Recommended: GST Impact on Cars and Spare Parts Industry in India According to the sources, discussions with the finance ministry are in the process concerning some issues related to the new tax structure for UVs, seeking clarity on the parameters set by the Council. The source also pointed out...
The majority of the High Court observed that the judges accepted that the deployment of a novel manner of displaying cars would not necessarily mean that they were being used for a purpose other than that of being held as trading stock, but considered that the novel method deployed achieved a...
Within 30 days, the Singapore companies must apply for GST registration, upon meeting the criteria for compulsory registration. The IRAS will impose a fine charge of up to S$10,000 and a penalty of 10% of owing Goods and Service Tax if any companies are late in registering. Other consequen...
The Kerala High court discarding the petition held that used personal cars are privileged from the need of the GST e-way bill Get to know about GST E Way bill and its generating process through online and SMS in a simple manner. Also, we have attached or
Used cars now cheaper The used car market constitutes a significant portion of the automobile market. In an expected boost to the industry, the council reduced the GST rate on medium and large used cars and SUVs from 28 to 18 percent and small used cars to 12 percent. ...
Related Read:GST on Cars in India: GST Rates for New, Used and Electric Cars Who is Eligible for GST? All the businesses supplying goods whose turnover exceeds ₹40 lakh in a financial year are required to register as normal taxable persons. However, the threshold limit is ₹10 lakh ...
*:表示在室温放置 2.5 min 后的吸光强度 A: Denatured protein gel electrophoresis; B: UPLC detection of the absorbance of Cya in BcGSTF6 protein and empty protein solution, * indicate the absorbance after being placed at room temperature for 2.5 minutes 图 5 BcGSTF6 蛋白与 Cya 体外结合 Fig....
You may copy and use this document for your internal, reference purposes. • It is applicable only on notified goods. These goods as on date are pan masala, tobbaco and tobacco products, coal, aerated waters, motor cars & motor vehicles and any other supplies. • GST Compensation Cess ...
They are used to categorise goods and services. The Harmonised System of Nomenclature (HSN) classifies the various goods. The Scheme of Classification of Services (SAC) classifies the various services under GST. 5. Composition Scheme For suppliers of food articles, primary manufacturers, small ...