Rates of tax
This query is : Resolved
05 July 2017
CGST 9%
SGST 9%
means those goods at 18% are being shared by Central & State Govt as respectively
Is my understanding correct?
If in case of 5% Rate slab then the rates would be
CGST 2.5% SGST 2.5% would be charged in those invoices.
If my understanding is incorrect , guide me to understand them.
Read more at: https://www.caclubindia.com/experts/ask_query.asp0
SGST 9%
means those goods at 18% are being shared by Central & State Govt as respectively
Is my understanding correct?
If in case of 5% Rate slab then the rates would be
CGST 2.5% SGST 2.5% would be charged in those invoices.
If my understanding is incorrect , guide me to understand them.
Read more at: https://www.caclubindia.com/experts/ask_query.asp0
Lalit Nagpal
(Expert)
05 July 2017
You are correct.................
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