The rate of GST for tobacco, cigarettes and other tobacco products is expected to be imposed at highest rate of tax. The expected rate of GST on cigarettes, tobacco and other related products are expected to charge 28% GST with additional cess. GST rate payable for goods or service, click ...
A simple illustration can demonstrate GST computation: When a product or service costs is₹2,000and the GST rate is 20%, then you can compute the net price as follows: ₹2,000+ (₹2,000X (20/100)) =₹2,000 + ₹400=₹ 2,400. ...
TCS Rate Reduction:Lowered to 0.5% (0.25% CGST/SGST). Mandatory Filings: GSTR-7:Mandatory filing even with no TDS, no late fee for nil filing. GSTR-9/9A Exemption:Exempt for taxpayers with turnover up to Rs.2 crore for FY 2023-24. ...
The GST Council has broadly approved the GST rates for goods at nil rate, 5%, 12%, 18% and 28% to be levied on certain goods. Commonly used Goods and Services at 5%, Standard Goods and Services fall under 1st slab at 12%, Standard Goods and Services fall under 2nd Slab at 18% and...
GST on Pre-packaged and Labelled Chena or paneer 5% 0406 GST on Milk-based products consisting of natural milk constituents, sweetened or unsweetened, not elsewhere specified or included 5% 0404 3. List of Milk and Dairy Products with a 12% of GST Rate Milk Products GST Rate HSN Code GS...
Amount without sales taxes x (GST rate/100) = Amount of GST in SK Amount without sales taxes x (PST rate/100) = Amount of PST in SK Amount without sales tax + GST amount + PST amount = Total amount with sales taxExample30$ x (5/100) = 1.50$ (GST) 30$ x (6/100) = 1.80$...
CT-Rate, UT-Rate and IT-Rate (5,6,7,8) 15th January 2025 As per Notifications No. 01/2025 and 02/2025, the draft GSTR-2B data will be generated on January 16, 2025. View More The new advisory recommends filing applications under the waiver scheme as per Section 128A. View More ...
GST Tax Rate List GST E-Waybill Guide GST Billing Software for 1 year subscription* [Desktop + Mobile App] LET's START Premium 7449 Plus taxes LET's START Not found answer to your question! Arrange a call back Submit For any Enquiry +91-8881069069 ...
Explore the GST rate on mobile phones in India with HSN Code, understand its impact on different price segments, and learn about GST on mobile phone repair services. Read more.
Step 3: From the drop-down menu list, select the GST rate. Step 4: To view the outcome, click Calculate. The outcome will reflect the entire GST amount as well as the Pre-GST/Post-GST amount as specified in your initial request. What is GST inclusive amount? The GST inclusive amount...