Vat classification in gst
This query is : Open
Querist : Anonymous
Querist :
Anonymous
(Querist)
05 January 2017
Dear Experts
Pls clarify. As of Now i am trading into 5% and 14.5% vatable goods. In GST weather All goods will be cover by 18% or by different percentage classification
Regds
MUKUL
Pls clarify. As of Now i am trading into 5% and 14.5% vatable goods. In GST weather All goods will be cover by 18% or by different percentage classification
Regds
MUKUL
05 January 2017
Hi Mukul,
In GST regime, 5 tax slabs defined i.e, Exempt, 6%, 12%, 18% and 28%. These rates are based on HSN/SAC code, which is not yet finalized and defined in HSN/SAC list. Once list is available, based on HSN/SAC, you can find GST rate for the commodity which you are trading.
With regards
In GST regime, 5 tax slabs defined i.e, Exempt, 6%, 12%, 18% and 28%. These rates are based on HSN/SAC code, which is not yet finalized and defined in HSN/SAC list. Once list is available, based on HSN/SAC, you can find GST rate for the commodity which you are trading.
With regards
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- ITR 2 Short Term gain & Long term gain
- Itr 1 processing
- Reporting Income under Section 44ADA
- Off Market debit and credit transaction
- Share accounting-->fifo - capital gain - period as per fifo?
- ITR returnFY25-26
- ITR 1: Details for showing Exempt Income
- INCOME TAX ON REDEVELOPEMENT OF FLAT
- Short Term Capital gain on shares bought and sold after 2018 onwards
- Form 10E u/s 89(1). Need clarification because experts opinions differ !!!!
- Article ship defecit
- Bank Accounts in Balance Sheet for ITR 3
- Opting out" of regime provided under subsection (1A) of Section 115BAC but Form 10IEA is not filed.
- Difference in tax comparison report
- Gst invoice numbering and delivery challan numbering
- Sales amount in Gstr1
- E Commerce GSTR1 & 3B how to file
- GST Cancellation without jurisdiction
- Legal Opinion on Registrar's Refusal to Investigate a Society for Non-Renewal and Non-Compliance
- GST Refund_RFD-01
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
