Mine is the manufacturing of briks. Last year is in regular. What will be the rate of GST tax.
PRABHAKAR LAL (164 Points)
20 May 2022PRABHAKAR LAL (164 Points)
20 May 2022
CA Puja Sharma
(Chartered Accountant)
(5010 Points)
Replied 20 May 2022
If you are a regular dealer and did not opt for composition in FY 2022-23, then the rate of GST will be 12% with ITC vide Notification No. 02/2022-Integrated Tax (Rate).
PRABHAKAR LAL
(164 Points)
Replied 20 May 2022
ABHIJIT MANNA
(ACCOUNTANT)
(447 Points)
Replied 20 May 2022
Last year rate was 5% for the month of March'22. From April'22 rate was 12%