GST is not payable on Human hair, unworked, whether or not washed or scoured; waste of human hair Semen including frozen semen. GST on Live trees and other plants; bulbs, roots and the like; cut flowers and ornamental foliage is nil rate. GST is not payable on sale of Fresh vegetables...
Ministry of Finance Effective tax rate on complex, building, flat etc. 08 DEC 2018 It is brought to the notice of buyers of constructed property that there is no GST on sale of complex/ building and ready to move-in flats where sale takes place after issue of completion certificate by the...
With the number of provisions under the implemented indirect law, GST Council has introduced the mechanism of GST Compliance Rating check in order to rate the performance of all the registered taxable Individuals. GST compliance rating check is one of the key concepts brought by the government to...
Impact on Rental Income from Immovable Property in GST Regime 'Generating rental income from the renting of immovable property' has been included in schedule II which outlines it as the supply of services under Goods and Service Tax Regime. The GST rate prescribed on the said service is 18 per...
If filing was not done, the payment of tax was also not done. 12 June 2020 CA ABDULQADIR goodwill I think rate to goods from 18 to 15 should be done... And strict check on non fillers and not honest payer... And big scams should be pulled off and publicly stringed action to ...
13/2017-Central Tax (Rate), dated 28-6-2017(as amended). As per S.No 6 of the said notification, a company or a body corporate located in the taxable territory is liable to pay GST on RCM basis on services received from its directors. Common understanding of GST applicability under ...
Moreover, the GST council has already brought into effect GST rate cuts on several commodities in the 28th GST council meeting. #3. What decision has been taken regarding GST on petrol & diesel? The matter of inclusion of petrol & diesel under the GST ambit is still on ...
5. How much GST applicable on hairdressing services? The hairdressing services provided by a hairdresser or a barber, come under the SAC Code 999721. The applicable rate of GST on hair cutting or dressing services provided by a hairdresser or a barber is 18%. The rates of GST on the hair...
However, most of the smartphones and accessories come under the 85th Chapter of HSN. The GST rate on phone accessories is 18%. However, the GST rate changes according to the nature of the product. So, it's important to be aware of the HSN codes and GST rates under Chapter 85. Here...
Impact on Rental Income from Immovable Property in GST Regime 'Generating rental income from the renting of immovable property' has been included in schedule II which outlines it as the supply of services under Goods and Service Tax Regime. The GST rate prescribed on the said service is 18 per...