When a sales invoice is prepared for a slaes transaction within the same state, what are the tax rates to be charged (like only SGST, SGST+CGST, or all three ) and when the commodity tax rate is at 5% how it is distributed.
Jagan (Owner) (21 Points)
19 June 2017When a sales invoice is prepared for a slaes transaction within the same state, what are the tax rates to be charged (like only SGST, SGST+CGST, or all three ) and when the commodity tax rate is at 5% how it is distributed.
CA Mayur Todmal
(Practicing CA)
(7645 Points)
Replied 19 June 2017
sales within state i.e. intra state is libale to SGST & CGST.
if product is taxable @ 5 % then, C-GST is 2.5%, & S-GST 2.5%
GSTR 9 and 9C for FY 23-24 as amended by Notification 12/2024 dated 10th July 2024(with recording)
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