Author: Ravi Kumar

What are GST rate slabs?

GST means goods and services tax .there are 7 types of tax slab rate 0 % 0.25% 3% 5% 12% 18% 28% In India there are 7 tax slabs, so how will this tax slab rate be charged, how much will be charged, and which will not be taxed on which goods, it is important

What are CGST, SGST, and IGST?

The full name of GST is Goods and Service Tax, in this, GST has been dived into 3 parts. CGST-Central Goods & Service Tax SGST-State Goods & Service Tax IGST-Integrated Goods & Service Tax First of all, we know about SGST – the full form of SGST is State Goods and Service Tax.In this, we

What are the benefits of GST?

There are 8 benefits of GST 0% tax on the essential commodity:- Within this, we have to pay 0% tax, which means that whatever our regular products are like (Fresh Vegetables, Books, Honey, News Paper, and Wheat Toothpaste, Soap),there are a lot of groceries. We have to pay 0% tax paid, we can also call

Rate of tax under the composition scheme?

These are the most points of composition scheme because any company accepts this scheme. Because the rates of tax in this are levied at a special rate pay tax. Whatever rates are inside it are special rates. The rate of tax at the favorable rate is the percentage of turnover, which means that the person

Who is eligible for the composition scheme?

The first question that comes in this is that the eligibility for the composition scheme is individual, the first of which we have to check 2 points to check its Scheme. Which is the most important. Whoever can become a competition dealer has to follow certain rules and regulations only then they can come in

What is GST Composition Scheme?

The purpose of this GST scheme in IndiaThose small companies used to get a lot of problems in running their company.His most important problem was that to run his business, he had to take a lot of complexes, due to which he used to come to problems in running his business.So to reduce all these

what is GST (goods and service tax)

GST is a kind of indirect tax, its full form is Goods and Service Tax.This bill was passed in India on July 1, 2017, so that any goods or services will be taxed only.Because before this all were taxed separately and more.Whose amount was too much. And now due to GST, all these now have

CONCEPT OF GST

In this way, we can expand this in our Language. Before coming to GST India, we used to have total 14 types of tax due to which different tax was paid on each place. Every state used to keep its own tax rate that if any sale or purchase of goods is done in this

GENESIS OF GST IN INDIA

THE genesis of ideas in India was the Gelcoat task force in 2004 who recommended the fully integrated GST idea in India on a national basis. Central budget (2007-2008):-those inseminates and the government and its central budget are wise just due to being implemented. In India with the effort from April 1, 2010. but those