GST is not payable on sale of Fresh vegetables, roots and tubers other than those in frozen or preserved state Potatoes, fresh or chilled falls under GST exemption list What is the concessional rate of GST on Tomatoes, fresh or chilled. Onions, shallots, garlic, leeks and other alliaceous ...
Great Software, I just started in business, it got all one need in a billing software, now I can create invoices on the go. Animesh Jain Garments Shop Carry Your Business Wherever You Go Not in the office? No worries, you can use Go GST Bill from your phone from anywhere. ...
Restaurants in hotel premises having room tariff of Rs 7500 and above, telecom services, IT services, branded garments and financial services, Outdoor catering 5) Items under 28% tax slab Bidis, molasses, pan masala, aerated water, paint, sunscreen, wallpaper, ceramic tiles, water heater, dis...
IMPLICATION OF GST ON SMALL INFORMAL GARMENT BUSINESSES IN SPATIAL BUSINESS CLUSTER Titagarh in Kolkata, dominated with small garments businesses which suffered the most immediately after the event of GST implementation due to sudden unexpected rise in the rate of taxation which lead to increase in th...
Latest Updates on GST and Import Duties for Mobile Phones In the Union Budget 2024 held on 23rd July 2024, the Finance Minister announced a reduction in the customs duty on the import of mobile phones and related components by 5%. This move aims to boost the domestic manufacturing industry an...
As of September 2024, theGST rate on 24 carat gold in India is 3%. This rate applies to the value of the gold itself, excluding making charges, which are subject to an additional 5% GST, and any other additional costs. The introduction of the 3% GST rate on gold simplified the taxatio...
GST is designed to simplify tax collection by applying tax at multiple stages, only on added value, and at the point of consumption. Below, we’ll walk through these features to show how GST works across the supply chain, ensuring a fair and efficient tax process. ...