WebApr 12, 2024 · The promoter is liable to pay GST at the rate of 18%, but the amount of tax shall be limited to1% or 5%of value of apartment depending upon whether the residential apartments for which such TDR or FSI is used, in the affordable residential apartment category or in other than affordable residential apartment. WebWhat are GST slab rates? In India, almost 500+ services and over 1300 products fall under the 4 major GST slabs. These comprise rates of 5%, 12%, 18%, and 28%. The GST Council periodically revises the items under each slab rate to adjust them according to industry demands and market trends.
4 types of Goods and Services in India for GST rate - HOW TO …
WebJun 10, 2024 · 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. These 4 categories of goods and services are as follows: Exempted Categories under GST in India. The GST and council and other GST authorities notifies list of exempted goods. WebJun 2, 2024 · The sales tax framework supports many types of indirect taxes, such as sales tax, value-added tax (VAT), goods and services tax (GST), unit-based fees, and withholding tax. These taxes are calculated and documented during purchase and sales transactions. Periodically, they must be reported and paid to tax authorities. ethernet to usb-c adapter walmart
Types of GST Registration: For Taxpayers in India
WebMar 20, 2024 · The latest GST rates show a reduction of 6% to 18% in GST rates for various commodities across most categories. GST is a tax levied for the consumption of goods … Web14 rows · Oct 1, 2016 · GST/HST provincial rates table. The following table provides the … WebFeb 25, 2024 · Extension in dates of various GST Compliances for GST Taxpayers Waiver of interest and late fee to normal taxpayers (filing return on monthly or quarterly basis) and composition taxpayers, for the tax periods of March and April, 2024 Due dates for filing of Form GSTR-3B from the Tax Period of January, 2024 ethernet to usb-c connector