Moreover, the GST rates reported by the CBIC are based on the HSN classification of items. As a result, in order to determine the GST Rate for your product, the business must first discover the relevant HSN Code. Previously, the Central Board of Indirect Taxes ("CBIC") published the foll...
percentage of the interest charged to the borrower, while any excess interest earned beyond this hurdle rate shall be retained by the OC. Since the OC is performing services in the co-lending arrangement, would this excess spread be considered as consideration for supply of service under GST ...
Some sellers may charge the wrong rate of GST. In this type of GST fake invoice case, you can verify the GST rate by checking the GST rate chart on the portal. Also Read:-GST Express Software – Key Features & Benefits For MSMEs 8 Scan the QR code GSTs come with a QR or Quick R...
GST tax rate applicable Amount of tax charged in case of goods and services Total invoice value Digital Signature or signature of the supplier or the authorized representative What are the types of invoices and bills issued in the invoicing process?