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Rate and HSN Code in Construction Services GST, short for Goods and Services Tax, stands as an indirect tax that has superseded various other indirect taxes in India like excise duty, VAT, and services tax.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 ...
further prepared. GST is not payable on Dried leguminous vegetables, shelled, whether or not skinned or split. Nil GST rate on Manioc, arrowroot, salep, Jerusalem artichokes, sweet potatoes and similar roots and tubers with high starch or inulin content, fresh or chilled; sago pith is nil ...
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 Revised GST rate on Pre-shave, after-shave, personal d...
4. How shall GST apply in case of ‘Work in progress’? The government had recently reduced the applicable GST rate for the under-construction homes from 12% to 5% after the 34th GST council meeting. Further, with an aim to boost the affordable segment, the GST rate on affordable houses...
Material: Carbide & Metal Engine Type Model: GSTH240 MTTH2400 Horse Power: 1.2HP (0.9KW) Bar Length: 25cm / 10" Oregon (Sprocket) Chain Pitch: 3/8" * .050" Oil Reservoir: 0.21L **Efficient Power and Performance** The ORGINIAL GSTH240 PETROL SAW is a robust and reliable tool desig...
The high GST rate is seen as a deterrent to insurance penetration, which conflicts with the goal of “Insurance for All by 2047”. Recommendations for Rationalisation: The Standing Committee on Finance recommended rationalising the GST rate on insurance products to make them more affordable. Sug...
(Fig.6b). We also performed the in vitro functional verification of GST_119. The results showed that Sf9 cells transfected with the GST_119 plasmid had a significantly higher survival rate under LC treatment than Sf9 cells transfected with the blank plasmid (p = 0.029, df = 4,...
Impact of GST on real estate developers Elimination of cascading taxes Under the previous tax regime, a real estate developer was subject to customs duty, excise duty, VAT and entry taxes on the construction material cost. In addition, on the services used, such as - labour charges, architect...
34th GST Meeting: Clarification on GST Tax rate on Real Estate Sector We all know that during the 33rd GST council meeting that took place on the 24th February 2019, numerous reliefs were introduced for the home buyers. With a view to boosting the affordable housing segment in the real esta...
GST Rate If the taxpayer knows the HSN code, they can easily find the applicable GST rate. GST Invoice During issuing of an invoice forgoods and services, the seller has to mention the HSN code GST Returns While filing GST returns, a taxpayer has to provide the HSN summary. ...