GST on mobile is calculated by multiplying the tax rate by the price of the mobile phone. Formula to Calculate Mobile GST Rate: GST amount = (Price of product × GST rate) / 100 For instance, if a mobile phone costs ₹25,000, the GST at 18% would be ₹4,500 (18% of ₹...
As per GST rules, the tax rate on mobile phones is the same across the nation. There are possibilities of a drop in the prices of mobile phones as the GST rates are now reduced. GST rates for mobile phones is 18% and the HSN code is 8517. When SGST & CGST or IGST is Applied?
1. Standard pay-per-use local SMS rate in excess of Mobile Plan bundle 5.45 cents per SMS 2. Standard pay-per-use overseas SMS rate in excess of Mobile Plan bundle 18 cents per SMS S/No. Data charges Charge (S$) (inclusive of GST) 1. Standard pay-per-use data use in excess of...
Goods and Services Tax (GST) has been praised by theFinance Ministrywhich marked 7 years of its incorporation and mentioned that the same has drawn relief to the households via diminishing the taxes on significant items such as household appliances and mobile phones. Established on July 1, 2017,...
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Mobile to India by USPS or FedEx - custom duty, GST Tax paid by buyer. PAN Card, Photograph & ID proof needed for customs clearance. Sample forms. Delivery at doorstep.
30th GST Council Meeting hikes GST Tax Rate for Kerala Flood Relief Funds The apex authority to oversee and address issues concerned with the GST, i.e. the GST council has always devised and properly implemented several egalitarian reforms in their previous meetings. The noteworthy reforms introduc...
Interest Rate (reducing): 20% EMI Amount: ₹9,264 Total Interest Payable: ₹11,168 Processing Fee (incl GST): ₹3,499 Disbursed Loan Amount: ₹96,501 Total Amount Payable: ₹1,11,168 Total cost of Loan (Interest + Processing Fee): ₹14,667 ...
4. What is the impact of GST on mobile phones & accessories? GST intends to modernize the oblique tax rate of the world’s 7th most liberal marketplace regarding GDP. A vital success of GST will be that if it will improve in decreasing the cascading impact of taxation. Offers with taxed...
As we already know, the product classifications and place of supply will affect the GST computation. Hence, it's crucial to indicate your products' right