GST Rate on Games of Skill Games of skill require mental or physical exertion and strategic decision-making. Traditionally, games of skill were exempt from GST as they were not considered a supply of goods or services. However, recent recommendations by the GST Council propose a28% GSTon the ...
As per the HSN code (4202), i can see in gst portal, gst rate on mobile cases is 18%, hsn: 4202. Ref: https://cbic-gst.gov.in/gst-goods-services-rates.html. Can you please re-check. Thanks! Reply Farhat Shaikh March 10, 2021 at 8:48 am what is the HSN code for Mobile ...
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Rate and HSN Code in Construction Services GST, short for Goods and Services Tax, stands as an indirect tax that has superseded various other indirect taxes in India like excise duty, VAT, and services tax.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 ...
There is a differential tax structure under GST. A tax rate of 5% is imposed on essential services. Commercial services are charged at the rate of 18%, whereas standard services at 12%. Services provided by educational institutions are exempted from service tax. ...
The amount of GST is the value multiplied by the tax rate. The value of a supply is equal to the consideration less the tax chargeable. The consideration for a supply depends on what has been given in exchange for the supply. The consideration may be in the fo...
DISCLAIMER:This is strictly my personal opinion. The above discussion cannot be considered as our professional or legal advice. Users shall consider legal provisions or take advice from experts before taking action on it. Published by CA Amit Harkhani ...
Getting a Goods and Services Tax Identification Number (GSTIN) involves a straightforward process. Here’s a step-by-step guide onhow to get a GSTIN numberonline in India: 1. Login to the GST Portal Log in to the GST portal of India (services.gst.gov.in). Then, click on the ‘New...
WP Engine will charge the Singapore standard GST rate of 7% on all digital sales.Will I be retroactively charged for GST?WP Engine will not retroactively charge customers GST, but will charge GST beginning February 1, 2020 on a prospective basis. GST will be based on the invoice date....
Q4: How does the GST rate for HSN code 7214 impact businesses? A4: The GST rate for HSN code 7214 affects businesses by determining the tax liability on their steel products. It influences pricing strategies, cost calculations, and compliance requirements. Additionally, businesses may be eligible...
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 First Schedule...