GST is designed to simplify tax collection by applying tax at multiple stages, only on added value, and at the point of consumption. Below, we’ll walk through these features to show how GST works across the supply chain, ensuring a fair and efficient tax process. 1. Multi-Stage Taxation ...
Whenpreparing your shipment, the air waybill and the commercial or pro forma invoice are two key documents required to import to Singapore. It is essential that shippers provide highly detailed documents, whether it’s a commercial or personal shipment, as duties are charged based on the type of...
Indirect taxes have different names in different countries or regions. The amount of tax charged depends on the purchase price, as tax levied is a percentage of the cost to purchase. Here are a few examples of indirect taxes: Value-added tax (VAT):VAT is a type of indirect tax that appl...
Detailed guide (with sample calculations and invoice formats) to calculate the value on which GST has to be charged.
Airport lounges can be a welcome haven for the airline passenger and the flying experience starts very much on the ground. Access to an exclusive lounge can separate you away from the crowds at a busy airport terminal and offer plush, all-inclusive facilities. ...
Reward Seat carrier charges on VA operated Trans Tasman & Short Haul international flights (excluding GST) EconomyBusiness Trans-Tasman $10.00 $10.00 International Short Haul $35.00 $70.00 Trans-Tasman: Flights between Australia and New Zealand & Fiji. Short-Haul International to: Flights between Au...
The Goods and Services Tax (GST) for electric vehicles has also been reduced from 12% to 5%. EV owners are also exempt from paying green tax, which is charged on older petrol and diesel vehicles. Additionally, several state governments have introduced cost-saving provisions, s...
begin with, much more common. Many are content to just bring in a little extra hobby money to augment the household income . But if it were all they had to put meatballs on the table and pay the bills, you might see more unwillingness to settle for “what everyone else is pricing at...
How much GST on medical sector? Evidently, one can notice the positive impacts of GST in all the spheres of our economy. Besides the ease of doing business, GST regime has also optimized the scenario of public services. In this context, we must forget the positive impact of GST registration...
How much GST on medical sector? Evidently, one can notice the positive impacts of GST in all the spheres of our economy. Besides the ease of doing business, GST regime has also optimized the scenario of public services. In this context, we must forget the positive impact of GST registration...