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 ...
Things to note on the GST rate change from 8% to 9% on 1 Jan 2024 When you are required to charge GST at a rate of 9% on supplies made on or after 1 Jan 2024, it is important to include this 9% GST in your GST return, regardless of whether you have already received the payme...
GST refund is credited with the beneficiary’s bank account, once sanctioned by GST authorities. Click here to know GST rate on Goods and Services GST Exemption list of goods and services Find HSN number or Service tariff code for GST GST registration guidelines Indian GST Laws How to export ...
GST or Goods and Services Tax as the name implies, it is an indirect tax applied both on goods and services at a uniform rate. A single form of tax known as GST has applied throughout the country. Goods and Services Tax (GST)-A new law, a new tax will bring with it new ...
It is official: the two-month GST/HST break on certain “holiday essentials,” effective from December 14, 2024, to February 15, 2025, received Royal Assent on December 12, 2024. During the eligible period, the tax rate for cert...
Car and Motorcycle Seats GST on car seats (HSN 9401) increased from 18% to 28%, aligning with the rate for motorcycle seats. GST Rate Changes for Services Life and Health Insurance Group of Ministers (GoM) to be constituted to study GST issues related to life and health insurance. Report...
Goods and Services Tax (GST) is a tax added on top of goods and services sold for domestic use. As a flat tax rate across most products and services, the idea of implementing it is to simplify the tax system and reduce tax avoidance. What is an Australian Business Number (ABN)? An ...
Rate Type Which goods or services 18% Standard Higher VAT rate on: alcohol; tobacco; fizzy drinks 15% Standard Sales Tax Hungary VAT rates Rate Type Which goods or services 27% Standard All other taxable goods and services 18% Reduced Certain foodstuffs; some take away food; admission to cer...
How is Compensation Cess calculated? For example, Company XYZ supplies one car that is worth Rs. 10,0000/- to A&T Company in the same state, Maharashtra. Taking into consideration the cess rate is 3%, and on a car, the GST rate applicable is 28%. Compensation Cess on Deskera Books ...
Reduced GST rate on Worked ivory, bone, horn, animal carving material etc Minimized GST rate on Computer monitors upto 20” Revised GST rate on Preparations for use on the hair Revised GST rate on Preparations for oral or dental hygiene ...