how to make tax invoice for pharma export:1. what is the rate to chrge.2. foreign custmer will not pay gst. 3. exports are zero rated.4. bond can be made and than no tax .5 refund willbe granted. all are confusive please tell me whether we shoud charge the tax or not.. how ...
The implementation of GST and new GST slab rates has brought several advantages to mobile phone dealers: Simplified Tax Structure: The uniform 18% GST rate across India under HSN code 8517 replaced the complex VAT system, reducing compliance burdens and operational complexities. Input Tax Credit (...
Single tax slab: A directive to the bureaucracy is necessary to come up with just two categories: goods eligible for zero tax and goods that will fall under a single rate, say 10% or 12%. Then there are items that are exempt from GST. Bring fuels under GST: Petrol, diesel, aviation ...
Goods and Services Tax rates will rely on the form of goods and services. The slab rates are currently 5%, 12%, 18% and 28%, respectively. The gold rate is 3% and 0.25% for rough stones. Central Goods and Service (CGST) & State Goods and Service (SGST) There are mainly three compo...
GST rates should be close to current rate of tax, say retailers IANS - October 21, 2016 The Retailers Association of India met Finance Minister Arun Jaitley here on Thursday to emphasise that the GST rate should be close to the current effective rate of taxation. "The delegation emphasised...
The GST Council has broadly approved the GST rates for goods at nil rate, 5%, 12%, 18% and 28% to be levied on certain goods. Commonly used Goods and Services at 5%, Standard Goods and Services fall under 1st slab at 12%, Standard Goods and Services fall under 2nd Slab at 18% and...
GST Rates Applicable in India: A Brief Overview GST consists of five distinct slabs:0%, 5%, 12%, 18%, and 28%.Here's a concise summary 0% Essential commodities and necessities are tax-free to keep them affordable. 5% Applied to household necessities and transportation services, ensuring eve...
The GST Council has broadly approved the GST rates for goods at nil rate, 5%, 12%, 18% and 28% to be levied on certain goods. Commonly used Goods and Services at 5%, Standard Goods and Services fall under 1st slab at 12%, Standard Goods and Services fall under 2nd Slab at 18% and...
In one slab the officials are expected to discuss merging the GST tax rates of 12% to 18%. The analyst at JM Financial says this start is urged to be largely revenue neutral to slowly positive as the government strives for financial stabilization. FacebookTwitterLinkedInPinterestPrintFriendlyDiscl...
The officials are pressurizing the government to rework the Goods and Services Tax (GST) slabs and increase the rates of GST. The officials have also been suggesting that the government should correct the inverted duty structure on fertilizers, footwear,