Fish and Crustaceans falls under (HSN) chapter 03. As per GST Law, there is no GST payable. Such as Fish fillets and other fish meat fresh or chilled. And each items under Fish and Crustaceans. Hence, see processes and formalities […]
Continue reading »Effect of GST on education sector in India
GST has affected almost all things in India and even education sector is not far from GST effects. That is why there is impact of GST on education sector. This also becomes reason for you to know about GST rates […]
Continue reading »Meat and edible meat offal GST Rate
GST is forced against sale of meat, edible meat offal etc. Therefore GST for sale of meat and edible meat offal in India is 5 %. And it products are cover under chapter 02 of HSN code. Hence, see Import […]
Continue reading »GST Rate & HSN Code for Live Animals, Bovine & Poultry
In many countries there is no GST for live animals. And some countries charge GST or VAT on sale of live animals. But in India GST for live animals is expected to be charge at nil rate. Hence, you can […]
Continue reading »Refunding Central GST proposal in excise free zones made
Refunding Central GST or Goods and Services Tax proposal in India has been made. And this proposal on refund of CGST is only on products that manufacture in excise free zones. Actually in India there are some excise free zones […]
Continue reading »HSN Code list for GST in India
GST HSN code is for all services in India. Even there is SAC code for GST in India. Therefore it is better if you know about HSN code and rates under new GST tax. But first let us understand what […]
Continue reading »Who can claim GST refund in India?
GST as you know is new Goods and Services Tax that Government of India launched on 1st July 2017. Indian Government also made laws for GST refund process. Thus it will be easy for you to know who can claim […]
Continue reading »GST invoice format, rules of tax invoice under GST in India
GST tax invoice format and rules are new because of implementation of GST. In addition GST invoicing rules are different. So it is better that you have idea of GST tax invoice format in excel and even know about GST […]
Continue reading »Documents required to claim Input Tax Credit under GST
Income Tax Credit is another feature under GST. It is so because GST Council and Government of India decided to remove cascading of taxes. While here cascading of taxes means tax on tax. In addition if you wish to claim […]
Continue reading »How to calculate Input Tax Credit under GST with example
Input Tax Credit under GST India means that it is method to avoid tax on tax. As you know Government of India introduced GST tax on July 1st 2017. And since then many people have confusion. However this GST guide […]
Continue reading »