These changes will come into force once notified by the CBIC. Particulars Old Rate New Rate Cellular Mobile Phone 20% 15% Charger/Adapter of Cellular Mobile Phone 20% 15% Printed Circuit Board Assembly (PCBA) of Cellular Mobile Phone 20% 15% Pre-GST Vs. Post-GST Prices Particulars Pre-...
GST rate for HSN 9401 is 5%/12%/18% Source https://cbic-gst.gov.in/gst-goods-services-rates.html No such validation is kept on the portal. Sources: https://www.gstn.org.in/faqs-category-details#1Div Reply Ronak Shah August 25, 2021 at 2:52 pm My turnover is exceeded in Aug ...
Streamlined Taxation:The HSN code helps identify the specific product category, which directly determines the applicable GST rate. This simplifies tax calculation and administration for businesses.. International Trade:The HSN code acts as a universal product identifier, ensuring consistent classification acr...
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 ...
Recently, on June 28 and June 29, 2022, the GST Council held the much talked about 47th GST council meeting and have made several big changes in terms of compensation cess, rate changes, and also decisions pertaining to ease the compliance for taxpayers. In June, taxpayers faced several issu...
A sales tax is imposed on selling goods and services at the point of purchase. The rate of the tax may vary depending on the jurisdiction and the type of product or service being sold. How Sales Tax Is Applied:The price of a product is added to the sales tax when you buy it. If ...
Ideally, the benefit of increased input tax credit or decrease in tax rate should pass to the recipient. When it does not pass to the recipient, it is treated as illegal profiteering. The central government constituted NAA to examine the non-passing of the benefits of reduced tax incidence ...
GUJARAT AUTHORITY FOR ADVANCE RULING GOODS AND SERVICES TAX D 5 RAJYA KAR BHAVAN ASHRAM ROAD AHMEDABAD 380 009 ADVANCE RULING NO GUJ GAAR R 06 2021 IN APPLICATI
-CBIC's clarification - Fee for application to grant extension of time for submission of Applications for Fixation of Brand Rate of Duty Drawback under Rule 6(1) (a) and Rule 7(1) of the Customs and Central Excise Duties Drawback Rules, 2017-Reg. ...
However, now the CBIC has declared that such businesses can self-certify their GST return. GST returns can be filed on your behalf by a CA and but it is not mandatory for businesses. As GST rules and regulations are many, it is advisable that businesses hire a CA or a software tool ...