Find the latest GST rates for over 20,000 goods and services at IndiaFilings: Get accurate GST tax rates, HSN codes, and SAC codes for easy and precise calculations.
GST rates in India are divided into multiple slabs, each serving a distinct purpose in the taxation system. The primary slabs are 5%, 12%, 18%, and 28%. These rates are determined based on the nature of goods and services and their necessity or luxury status. Essential items are taxed ...
Dear Sir, Can you share the GST rates for Herbal raw materials manufacturing on contract basis/Job work basis and returning back to the party (My Role is only the conversion - Means Party will send the required materials for process, I will process the material as per his requirement and p...
What is GST HSN Code in India? GST HSN Code Example and Format HSN Code List with GST Rates: Chapter-Wise Distribution of Commodities. Why is the GST HSN Code Important? Who Should Use the GST HSN Code? How Can Businesses Implement HSN Codes in their Process? Conclusion Frequently Asked...
The GST bill covers the goods and services tax and shall be the biggest indirect tax reform providing a uniform and simplified way of indirect taxation in India. After a lot of deliberation the GST council has finalized the rates for all the goods and major service categories under various ...
The 55th GST Council meeting, chaired by Union Finance Minister Nirmala Sitharaman in Jaisalmer, Rajasthan, introduced significant updates to India’s GST framework. Key discussions revolved around rationalizing tax rates across sectors, deferring critical decisions, and simplifying compliance for taxpayers...
Click here to know GST rates in India under 5 slabs Types of categories under GST rate The GST tax is levied based on Revenue Neutral Rate (RNR). For the purpose of imposing GST tax in India, the goods and services are categorised in to four. ...
(GST) would complete a significant milestone of 7 years of implementation on July 1, 2024. This reform has overhauled the the indirect tax landscape leading to buoyant GST collections exceeding INR 20.14 trillion in FY 2023-24. This robust performance signifies India's economic resilience and ...
The new advisory for biometric-based Aadhaar authentication for GST registration in Arunachal Pradesh is now in effect. View more “The CBIC has released new circulars clarifying the GST classification of rates and the basis for recommendations by the GST Council meeting. The circular numbers are 24...
The GST rates that are applied depend on the HSN or SAC codes that are assigned to the goods or services. HSN: Go to Tax > Setup > Sales tax > HSN code. SAC: Go to Tax > Setup > Sales tax > Service accounting codes. You can assign HSN and SAC codes to products in the GST ...