sir,
is there any difference between gst rates on bill amount exceeding certain values? for example, a message is being circulated on whatsapp that bills less than 1000 have zero gst and above it have different slabs of gst, so we should get smaller bill amounts to avoid it.. is it true?
thank you
1 Replies
HARSHAD S SHINDE
(PROPRIETOR)
(141 Points)
Replied 10 July 2017
This is not true. But in case of Lodging if Tarrif rate per day is less than 1000 then GST is not applicable and in case of Readymade Garments if selling price is less than 1000 then rate of GST is 5% and if value is more than 1000 then rate of GST will be 12%
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