sir,
is there any difference between gst rates on bill amount exceeding certain values? for example, a message is being circulated on whatsapp that bills less than 1000 have zero gst and above it have different slabs of gst, so we should get smaller bill amounts to avoid it.. is it true?
thank you
Menu
different gst rates on different bill amounts
Replies (1)
This is not true. But in case of Lodging if Tarrif rate per day is less than 1000 then GST is not applicable and in case of Readymade Garments if selling price is less than 1000 then rate of GST is 5% and if value is more than 1000 then rate of GST will be 12%
Recent Threads
- GSTR 9 tabel 7
- Itr form related in import of goods business
- Fixed Deposits post retirement corpus
- TDS Refund using Form 71
- Advance Tax not reflecting in Form26AS
- Capital gain tax
- Clubbing of income on ULIP
- ITR2 Processing Delay
- TDS demand payment notice
- Invoice NOT in 2B but showing in 2A, and supplier
Related Threads
CAclubindia
