GST is not payable on sale of Fresh vegetables, roots and tubers other than those in frozen or preserved state Potatoes, fresh or chilled falls under GST exemption list What is the concessional rate of GST on Tomatoes, fresh or chilled. Onions, shallots, garlic, leeks and other alliaceous ...
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 payable rate on sale or purchase of Texturised vegetable proteins GST imposed rate on purchase or sale of Namkeens, bhujia, mixture, and chabena GST imposed rate on sale or purchase of Bari made of pulses including mungodi GST levied rate on sale or purchase of Ice cream and other edi...
2.25% Reduced Hospital and cleaning services; advanced trade rate on imported items 1.5% Reduced Land development 0% Zero Exports Barbados VAT rates Rate Type Which goods or services 22% Higher Cell phone services 17.5% Standard All other supplies of goods or services 10% Reduced Certain tourism...
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...
Section 35 of CGST Act, 2017 Accounts and other records Diminished GST rates on Statues and other ornamental articles Reduced GST rate on Bells, gongs, mirrors of base metal under HSN 8306 Reduced GST rate on Worked ivory, bone, horn, animal carving material etc ...
On Deskera Books, while creating an organization, you can select if your business 'Is Registered for Composition scheme?' You need to choose the below-mentioned applicable category of businesses, 1% - For Traders and Manufacturers 2% - For Manufacturers: GSTIN has lowered the rate for ...
Setting up tax information You can enter a default goods and services tax rate and select the tax types that apply to your business. You can also set up tax detail IDs and tax schedule IDs for GST. You can specify the threshold amount to calculate the luxury car tax. To set up tax ...
Once your GST/HST account is all set, you can start charging your customers on the GST/HST on the taxable goods and services you sell to them. At this point, you need to charge the correct tax rate accordingly, depending on the place of supply, the type of goods and services you are...
206C(1H) of the Income Tax Act, 1961 which points out that if the seller crosses the turnover of more than Rs 10 crores in the previous financial year and exceeds the sale transaction of Rs 50 lakhs during the year, then a TCS rate of0.1%has to be collected from the buyer on the...