GST Rate and HSN Code in Construction Services GST, short for Goods and Services Tax, stands as an indirect tax that has superseded various other indirect taxes in India like excise duty, VAT, and services tax. The enactment of the Goods and Service Tax Act occurred in Parliament on March ...
Construction Services Intellectual Property Rights Education Tour Operators Health Care Job Work Entertainment FAQs on GST Rate Finder Know before you use the GST Rate Finder: Step 1: Firstly, HSN is required to be determined. HSN for goods is to be determined by referring to the Fi...
GST on Live sheep and goats is nil rate. No GST payable on sale of Live poultry, that is to say, fowls of the species Gallus domesticus, ducks, geese, turkeys and guinea fowls. Other live animals such as Mammals, Birds, Insects] falls under GST exemption list Concessional rate of GST ...
GST on Construction and Real Estate GST on Construction – INTRODUCTION Real Estate Industry is one of the most important pillars of the Indian economy. Read More » GST Rate Applicability on Rakhi July 19, 2022 GST Rate Applicability on Rakhi Originally Published on: 18 Aug 2018 Raksha Bandha...
GST on Construction and Real Estate GST on Construction – INTRODUCTION Real Estate Industry is one of the most important pillars of the Indian economy. Read More » GST Rate Applicability on Rakhi July 19, 2022 GST Rate Applicability on Rakhi Originally Published on: 18 Aug 2018 Raksha Bandha...
Rate Type Which goods or services 27% Higher Supply of telecoms, water, electricity and gas not used exclusively in a dwelling 21% Standard All other taxable goods and services 10.5% Reduced Medical; much construction work; fruit, pulses, vegetables and meat; public and taxi transport. Reduced...
part of specified composite supply of construction of flats etc. and to carry out suitable amendment in the provision relating to valuation of construction service involving transfer of land or undivided share of land, so as to ensure that buyers pay the same effective rate of GST on property ...
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
Under new GST reform, an under-construction property is being levied at the rate of 18%. However, it is not applied to the whole amount (value) of the property but it is applied only to the two-thirds value of the property. One- third portion of the property is the value of the co...
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...