Web18% 5% 12%. 997326. Leasing Or Rental Services Concerning Textiles, Clothing And Footwear. 12/18. Nil Provided that Director (Sports), Ministry of Youth Affairs and Sports certifies that the services are directly or indirectly related to any of the events under FIFA U-17 Women's World Cup 2024. WebThe rate change affects any GST-registered business that sells or purchases goods or services that are subject to the standard rate of GST. First rate change from 7% to 8% For any standard-rated supplies of goods or services that you make on or after 1 Jan 2024, you must charge GST at 8%.
smartphone HSN Code or HS Codes with GST Rate
WebThe GST rate for mobile phones is 12% and the HSN code is 8517. With tax collection under GST exceeding expectations, it is possible for the price of mobile phones to become cheaper as GST rates are reduced. SGST & CGST or IGST on Mobile Phones If you are purchasing mobiles phones as an end consumer, you will pay GST at the rate of 12%. WebOct 28, 2024 · The GST Rate & HSN codes and rates have been arranged as per the best of authors understanding and are subject to periodic updates as per the law for the time being in force. It does not constitute professional advice or a formal recommendation. black baby roach
GST on smartphones should be lowered to 12% from 18%- ICEA
WebStep 1: Login to the GST portal. Step 2: On the dashboard, go to ‘Services’ > ‘Registration’ > ‘Amendment of Registration Non-core fields’. Step 3: Next, click on the ‘Goods and … WebJan 28, 2024 · ICEA proposes to reduce GST on phones from 18% to 12% in the upcoming Union Budget 2024 This will not help the domestic manufacturers, but will also make sure that cease-person can upgrade … WebAssume a seller sold a service or goods with 18% GST and raised an invoice amounting to INR 500. However, the product is categorized under 12% GST, and the original invoice should have been INR 470. In that case, the seller would raise a credit note of INR 30 for the vendor. Debit is exactly the opposite. gaining a foothold meaning