GST is not payable on Human hair, unworked, whether or not washed or scoured; waste of human hair Semen including frozen semen. GST on Live trees and other plants; bulbs, roots and the like; cut flowers and ornamental foliage is nil rate. GST is not payable on sale of Fresh vegetables...
HSN codes are used in India to streamline trade, and make it easier to check and calculate the GST rate that’s payable on any item. Anyone is able to find the GST rate for their products using the HSN code, making trade faster and simpler. It’s also mandatory to use the right HSN...
It helps identify products for applying the correct GST rate and simplifies international trade. 2. How to add the HSN code in the GST portal? To add an HSN code in the GST portal, you need to enter the appropriate 8-digit HSN code for each product or service you supply. This ...
The Item Wise Rates quoted in the Rate Sheet should exclude GST Taxes and Duties. GST, Taxes and levies as applicable will be levied separately and the Bank shall pay the same. With respect to the fourth factor set forth in Section 205(d), there are many parties that would be harmed if...
How do I update the TDS rate in bulk for vendors? During the transition to GST system, how do I record the stock in hand and raw materials purchased with VAT or other taxes in Zoho Books? Can I create transactions dated before July 1st, 2017?
1.Why is the HSN code provided for excise not getting copied in Tax Rate Setup screen of the GST menu for the said item? The HSN code under GST needs to be furnished based on the turnover limit of the dealer during the previous financial year. Therefore, Tally.ERP 9 does not forcefull...
The GST HSN helps in taxation purposes in identifying the HSN code wise GST rate applicable to a product in a country TheHSN code under GSTis also used to determine the quantum of item traded or imported all through a nation HSN Code List for GST India ...
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 for example, you buy an item that costs 100 $ and the sales tax rate is 10...
o Print Item-wise GST details to Yes , to print the GST invoice in landscape orientation with tax breakup for each stock item. Note: ♦ The total value of Total Amount column does not appear, as the invoice value is captured with GST in the Amount column. ...
January 30, 2025 GST on Health Insurance: Applicability, HSN Code & Rates January 30, 2025 GST on Diamond Jewellery: Impact of Rate Change & HSN Code January 30, 2025 GST on Bikes and Two-Wheelers: GST Rates for 100cc, 125cc, Electric Bikes, & More January 27, 2025 Write...