GST RATE
This query is : Resolved
23 May 2017
Dear Exparts,
where is mentioned in GST act that GST rate will be 50 50 % in CGST and SGST at the time intra state sale.
24 May 2017
In case of inter state sale it is IGST at 100%.
24 May 2017
Seetharaman ji thanks but I want to Know the where is define in act CGST AND SGST RATE WILL BE 50 50 % at the time sale with in state.
24 May 2017
The actual tax collection (before compensation) will be on a 50-50 basis between the centre and the states. “If, after the distribution, the states’ share falls short of what was being forecast, the centre will pay them compensation to plug the gap.
Decision taken wait for notification.
Decision taken wait for notification.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- ITR filing obligation due to savings deposit
- ITC availability for BOLERO-HILUX (HIGH AT, M1G) HLXX0
- TDS-Fixed assets
- Joint Account Closure
- To Keep Records
- Can Stamp duty taken as a expense
- NRI as second account holder of resident account
- Applicability of Ind AS on wholly owned subsidiary company (incorporated overseas)
- What is the last business transaction date for Voluntary Strike off?
- Bill from receipant
- Royalty TDS for brass
- Regarding filing of appeal before high court against the order passed by Tribunal
- Spl02 waiver of interest and penalty
- Regarding Claim of ITC of FY 2020-21
- Form inc-24
- Regarding EPR Obligation Charges
- How to make any party sales or purchase recociliation
- E invoice mandatory for taxable value in a year 15 lakhs where as aggregate turnover is 6 crores
- TDS deduction.
- Regarding TDS deduction before 15CA filing
Trending Online Classes
-
25 Hours GST Scrutiny of Return and Notice Handling(With Recording)
Industry Expert14 February 2025 -
Survey, Search and Seizure under Income Tax Act 1961
CA Hari Agarwal
CAclubindia
