Sale of vehicles by a registered person who had procured the vehicle prior to July 1 and has not availed any input tax credits of central excise duty, VAT or any other taxes paid on such motor vehicles, would also be subject to 65 percent of applicable GST rate (including compensation ces...
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 ...
Additionally, there is a “zero rate” for certain essential goods and services (e.g. exports). One Nation, One Tax: GST is based on the principles of value-added tax and applies to the supply of goods and services across the nation. It brings uniformity in the tax structure across ...
The GST Council has announced a reduction in the TCS rate from 1% to 0.5%, effective from July 10, 2024, as per Notification No. 15/2024. Period from July 1 to July 9, 2024 the old TCS rate of 1% applies. From July 10, 2024, onwards the revised TCS rate of 0.5% will be in ...
I would be very interested in your opinion on my situation. The company that I work for has a very serious safety problem (due to the high accident rate). Their way of solving the problem is to introduce new technology to reduce the workforce (reduce the workforce, reduce the accidents)....
The GST Council has announced a reduction in the TCS rate from 1% to 0.5%, effective from July 10, 2024, as per Notification No. 15/2024. Period from July 1 to July 9, 2024 the old TCS rate of 1% applies. From July 10, 2024, onwards the revised TCS rate of 0.5% will be in ...