19 May 2017
gst rate has been decided today. I have a query, suppose a commodity having 18% gst rate structure, whether invoice of basic price Rs 100 will attract 18% or cgst 18% and sgst 18%. whether only 18% will be gst amount or rather 36%. Please clarify
19 May 2017
it depend upon sales transcation . If you make inter state then full 18% IGST will be appliacable.. whereas intra state half is CGST and Half is SGST
CAclubindia
