GSt Rate Finding Have any question regarding GST Click Here Our Mission Comprehensive and objective advice for all your financial questions Our Vision Professionally managed, low cost, and customized to your situation Important dates Quarterly return for registered persons with aggregate turnover up to ...
If you would like to add more information about this post on aggregate turnover categories under GST in India, share below your thoughts: Useful Information Links: Click here to know GST rate on Goods and Services GST Exemption list of goods and services Find HSN number or Service tariff code...
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...
Central GST shall be levied on all intra-State supplies of services on the value determined at notified rate and collected in prescribed manner and shall be paid by the taxable person. Supply of services where the location of the supplier and the place of supply of services are in the same...
the Rs 20 lakh limit is reduced to Rs 10 lakh. Similarly, the total turnover of all supplies made by you would be combined to compute aggregate supplies. In addition, theGST rateon commercial property rentals will be 18 percent. Rental revenue from a residential property, on the other han...
GST is levied on the supply of goods and services, and the tax rate varies based on the type of goods and services being supplied. GST is a destination-based tax, meaning the tax revenue goes to the state where the goods or services are consumed. The GST council, consisting of the ...
The CGST tax rate will auto-populate (based on the universal HSN/SAC codes generally built-in software). Then, select the unit, quantity, and any discount/incentives.IGST or CGST & SGSTfor the selected goods/services will be automatically shown. ...
And, taxpayers with an annual aggregate turnover between Rs. 5 Cr. to Rs. 20 Cr. are enabled for testing on Sandbox for e-invoicing. Thus, we have also compiled an article on consequences of non-compliance with e-invoicing: rules April 2022 onwards. Another significant article that we ...
Where all or part of the consideration for a supply is in a form not consisting of money, the value of the supply is based on the aggregate of: the amount of monetary consideration, and the open market value of the consideration which is not in monetary form....
It is also recommended that you enable the Do not aggregate returns parameter on the Commerce parameters page. In this case, each return transaction will be posted as a separate sale order when posting a statement. This option is only available if the transaction aggregation is enabled.Manage...