Dear Sir/Madam, Food and Supply is appear both in the List of Goods and in the List of Supply - rate of GST is mentioned as 18%; we need to charge twice or once. it means 18% or 36% lodhaps:On 25 June 2017 how to make tax invoice for pharma export:1. what is the rate to...
To assist Singaporeans in coping with the impact of the GST rate hike, the Government enhanced the Assurance Package to over SGD10 billion in September 2023. This ensured that the AP will continue to offset additional GST expenses for the majority of Singaporean households for at least five yea...
To assist Singaporeans in coping with the impact of the GST rate hike, the Government enhanced the Assurance Package to over SGD10 billion in September 2023. This ensured that the AP will continue to offset additional GST expenses for the majority of Singaporean households for at least five yea...
Chapter 98 : Project imports,laboratory chemicals,passengers baggage,personal importation, ship storesView Full Chapter Chapter 98A : Misc. Goods Specified as falling under Any Chapter; Supplies Deemed to be as Supply, of Goods such Transfer of IPR, Actionable Claims etcView Full Chapter...
However, the export of goods is a zero-rated supply and, therefore, GST is applied at the rate of 0% on the sale of goods to the distributor in Japan. EXAMPLE 2 Happy Sdn Bhd does not produce specialised chairs. Therefore, where it receives orders for such ...
To stay updated on any changes to the GST rate on mobile phones, you can follow announcements from the GST Council, the Ministry of Finance, and other reliable news sources. Related Read: What is CGST, SGST, IGST, and UTGST? How is the Value of Supply Calculated for GST on Mobile Ph...
Covers standard goods and processed food items, balancing affordability with quality. 18% The most common rate, applied to a wide range of goods and services including electronics, commercial vehicles, and financial services. 28% Reserved for luxury items, entertainment, and gambling services, reflect...
In general, if a supply is zero-rated, it remains a taxable supply (allowing businesses to claim input tax credits), but the tax rate is 0%, meaning no GST/HST is charged. Basic grocery items, such as fruits, vegetables, most...
Impact on Rental Income from Immovable Property in GST Regime 'Generating rental income from the renting of immovable property' has been included in schedule II which outlines it as the supply of services under Goods and Service Tax Regime. The GST rate prescribed on the said ...
Changes in the rate of tax Changes in both the time and supply rules for goods and services. Evaluate the impact on outward supplies. Check the GST valuation mechanism, including incidence on free supplies, discounts, incidental supplies, and supplies related parties. ...