GST rate

Page no : 4

Adil Akhtar (2 Points)
Replied 11 June 2017

please let me know what will be gst rate on immitation jewellery

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CA Rashmi Gandhi (Chartered Accountant) (86308 Points)
Replied 11 June 2017

* GST rate for gold fixed at 3 per cent

* Gold, gems, jewellery to be taxed at 3 per cent

RAJA P M ("Do the Right Thing...!!!") (127962 Points)
Replied 11 June 2017

Dear Rashmi Gandhi Madam,
Very Good Morning...
I really proud of you Madam. SEMMA sincere active for you Madam...
Thank you for your all participating and Query Resolving....

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RAJA P M ("Do the Right Thing...!!!") (127962 Points)
Replied 11 June 2017

*SEMMA is a Tamil... You understand this....

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CA Rashmi Gandhi (Chartered Accountant) (86308 Points)
Replied 11 June 2017

No i dont understand

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CA Rashmi Gandhi (Chartered Accountant) (86308 Points)
Replied 11 June 2017

I GET KNOW IT MEANS GOODS .
THANKS A LOT.

1 Like

velumani (accountant) (83 Points)
Replied 11 June 2017

Trade Discount Allowed in GST Bill madam

CA Rashmi Gandhi (Chartered Accountant) (86308 Points)
Replied 11 June 2017

Trade Discounts: Discount needs to be specifically shown in tax invoice. This requirement is
mentioned in the draft Invoice Rules. Also, Section 15 (Valuation of taxable supply) of model
law provides that discount should be duly recorded in the invoice. Otherwise it will not be
available for deduction from the value of supply

velumani (accountant) (83 Points)
Replied 11 June 2017

Thanks alot madam. really thanks

1 Like

CA Rashmi Gandhi (Chartered Accountant) (86308 Points)
Replied 11 June 2017

Welcome Velumani

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velumani (accountant) (83 Points)
Replied 11 June 2017

Respected Madam. Trade Discount facility in GST Sales invoice. sir Goods Value Rs.10000.00 Less: Trade Discount Rs. 1000.00 Gross Rs. 9000.00 CGST 10% Rs. 900.00 SGST 18% Rs. 1620.00. Total Invoice Value Rs.11520.00 .it is wrong or Correct. if it is wrong please let me know the correct format madam. please