Tag «gst registration»

GST and Offences


Under GST, there are 21 offences. These have been categorized into heads as follows for ease of understanding: False or incorrect invoices: Any goods or services that are provided by a taxable person without an invoice or with a fraudulent invoice. He violates the regulations of the GST by issuing any invoice or bill without …

GST Rates in India

GST Rates

The GST rate slabs are decided by the GST Council. The GST Council revises the rate slab of goods and services periodically. The GST rates are usually high for luxury supplies and low for essential needs. In India GST rate for various goods and services is divided into four slabs: they are 5% GST, 12% …

What is GST – Goods and Services Tax

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The Goods and Services Tax Act of 2017 was passed by the Indian Parliament, bringing about the foundation of the Goods and Services Tax (GST) in India. It is a utilization put together or backhanded added charge with respect to the inventory of labor and products. It is forced at each phase of the assembling …