Gst Series In English Impact Of Gst On Diwali Gifts
Gst series (in english) | impact of gst on diwali gifts | ca divya bansal | tax without tears tax without tears. tax without tears 45,276 views. 17:55. This video is for creating awareness about the newly introduced tax reform gst. 2. here tax without tears (twt) team does not intend to advertise/solicit clients & doesn’t take responsibility. Concept of gta (goods transportation service) in gst 11. impact of gst on diwali gifts 12. gst series (english) gst refund process (gst rfd 01a) | ca divya bansal | tax without tears. Watch this video for: understanding the export procedures to be followed in gst. **disclaimer** 1. this video is for creating awareness about the newly introduced tax reform gst. 2. here tax. Watch this video for: how to cancel/ surrender your registration as per gst provisions. entire procedure in respect to cancellation of gst registration is ex.
Gst Series In English | Impact Of Gst On Diwali Gifts | Ca Divya Bansal | Tax Without Tears
Gst slabs the gst council has shaped over 1300 goods and 500 services under four tax slab of 5%, 12%, 18% and 28% under gst. although electricity, alcoholic drinks, and petroleum products are. Gst in india many indirect tax system will be finished and there will be only one tax i.e. gst which is expected to encourage unbiased tax structure. sehrawat and dhanda (2015) studied, “gst in india: a key tax reform” and concluded that due to dissilent environment of india economy, it is demand of time to implement gst. Important terms scope of composition scheme under gst. small taxpayers with an aggregate turnover in a financial year up to [rs. 50 lakhs] shall be eligible for composition levy.under the scheme, a taxpayer shall pay tax as a percentage of his turnover during the year without the benefit of itc. The goods and services tax (gst), implemented on july 1,2017, is regarded as a major taxation reform till date implemented in india since independence in 1947. Service tax will increase from its current levels of 14.5 per cent which will be negative for service industries like airlines, telecom and insurance. currently, fmcgs pay about 24 to 25 per cent on excise duty, vat and entry tax. under the gst tax structure, this may be reduced to 18 per cent, but at 28 per cent this may disappoint the market.