Calculation of rate

287 views
User Avatar

3145 Points Posted on 06 February 2022
🌟 In GST how to find out the tricks of taxable value amount and rate of percentage... could you please give me an example
0 Reply Share Follow
On 06 February 2022 at 13:36 Report
Replies (4)
Quick Summary
This discussion explains how to calculate taxable value and the GST rate under the Goods and Services Tax (GST) system. Taxable value is found by subtracting the GST amount from the total value. The applicable GST rate is determined by notifications issued by the CBIC.

User Avatar

GST Practitioner & Accounts
15150 Points Posted on 06 February 2022
Taxable value is determined as per section 15 of the CGST act ,and rate of percentage is determined as per rate notification issued by the CBIC .
Reply
On 06 February 2022 at 13:50
User Avatar

3145 Points Posted on 06 February 2022
For example means ,if total value they are giving ,then how to find out taxable value of that??
1 Reply
On 06 February 2022 at 13:52
User Avatar

GST Practitioner & Accounts
15150 Points Posted on 06 February 2022
Total Value less GST charged = Taxable Value .
1 Reply
On 06 February 2022 at 13:58
User Avatar

3145 Points Posted on 06 February 2022
Thank you 😊
Reply
On 06 February 2022 at 13:59

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Recent Topics :

  1. APPLICABILITY AND BREAKDOWN OF GST COMPLIANCE ON S
  2. Advance for supply of goods
  3. Question for members: how do you manage client doc
  4. Clarification Required on Invoicing and Receipt of
  5. SEBI Registered VS NSDL Registered RTA
  6. Income tax or capital gain tax for Resident Indivi
  7. PCIT-1 Thane Email address
  8. CA Fees deduction for non audit case allowed?
  9. 5th Letter PAN Mismatch with Surname issues still
  10. Criteria to hire an article

More recent discussions | Post

Related Topics :

Loading