GST exemption items list, click here Base metals, articles of base metals, cermet’s falls under HSN code chapter 81 of GST commodity tariff schedule. The details about GST rate changes for sale of base metals, articles of base metals, cermet’s are being updated here. The notification chang...
The GST rate prescribed on the said service is 18 percent. Though, the Exemption Notification no. 12/2017 dt. 28.06.2017 (the entry number 12 of Exe Read More 01 Jan 1970Posted By: E-StartupIndia Concept of E-Way bill under GST Regime The Goods and Services Tax (GST), launched in...
18 percent GST Rates being levied on Glass slide, earlier it was 14 percent. Test Tab being charged 18 percent GST rates, earlier it was 14.5 percent.12 percent GST being levying on tracer tape, earlier it was 5.5 percent. Banded being charged 12 percent tax rates under GST, earlier it...
In the GST-05 declaration report, box 1 refers to the value of the supplies that are subject to GST at the standard rate of 7 percent. The value that you enter in this box should not include the GST amount that is charged.If the sales code that you created supports the standard rate...
GST overview GST is a tax, usually 10 percent, on the supply of most goods, services, and other products consumed in Australia. GST is charged at each step in the supply chain. However, if you are registered for GST, you can claim input tax credits from the Australian Taxation Office (...
(Rate), on June 28, 2017, on which 18% GST rate is to be imposed. AAR held that the works committed to the petitioner through IIT Bhubaneswar under contract/agreement dated May 2, 2016, which is not relieved as composite supply and hence works below the mentioned contract will not be ...
When posting the general journal entry by using Account type as project and Offset account type as a vendor with the load on inventory and a reverse charge of 100 percent, the system doesn't allow the entry and the following error displays, “The transactions on voucher INMF-00545 do not...
The GST HSN helps in taxation purposes in identifying the HSN code wise GST rate applicable to a product in a country The HSN code under GSTis also used to determine the quantum of item traded or imported all through a nationHSN Code List for GST IndiaHSN...
The GST rate prescribed on the said service is 18 percent. Though, the Exemption Notification no. 12/2017 dt. 28.06.2017 (the entry number 12 of Exe Read More 01 Jan 1970Posted By: E-StartupIndia Concept of E-Way bill under GST Regime The Goods and Services Tax (G...
If the taxpayer knows the HSN code, they can easily find the applicable GST rate. GST Invoice During issuing of an invoice for goods and services, the seller has to mention the HSN code GST Returns While filing GST returns, a taxpayer has to provide the HSN summary. Conclusion: We ...