WebGoods and services are split into categories and fitted under 4 main GST tax slabs. The tax slab your products fall under shows the percentage GST rate you need to pay. The main … Web14 rows · Oct 1, 2016 · GST/HST provincial rates table. The following table provides the GST and HST provincial rates since July 1, 2010. The rate you will charge depends on …
Domestic money transfer: BCFI wants govt to do away with GST - The
WebDec 21, 2024 · Currently, BCs charge the senders 1 per cent of the money to be transferred as transaction charge. This includes 18 per cent GST. BCFI seeks incentives for … WebProvided that credit of input tax charged on goods used in supplying the service has not been taken [Please refer to Explanation no. (iv)] 1/01/2024 13/10/2024 1/07/2024. 12% 18% 18% 12%. 997119. Other Financial Services (Except Investment Banking, Insurance Services And Pension Services) 12/18. deaf aids for work
TaxHeal - GST and Income Tax Complete Guide Portal - Indian …
WebSee a breakdown of GST tax rates by state and download our lookup tool to find the rate that applies to you. And if you’re trading internationally, learn how how mid-market rate … WebUse the GST Suvidha Kendra money transfer application. Learn more about money transfer business in India, in it, you get access to send money quickly round the clock … Many People engage in money Transfer business do the money transfer in banks or Wallets like (PayTM, Phonepe, Mobikwik) or Aadhaar Enabled Payment System against a small amount of fee or commission of 1 or 2%. Despite of small amount, GST and Income Tax has not given any relief to it. Lets read through this … See more No, only the commission or the fee charged against the fund transfer will be the income. For example, Babatax transfers Rs 1 lakh to … See more You must maintain separate Bank account for money transfer. Money transfer businesses must have Current account. Since no. of transactions and amount of transactions are high … See more Yes, Money transfer businesses are not away from GST. Fund transferred are not liable for GST. However, the commission charged is liable for 18% GST. Continuing the above example, BabaTax has to pay Rs 180 for Rs 1,000 … See more One my friend does Money Transfer Business, he gets only 1% commission on transfer but in the bank statement there will be more than 1 … See more general health usa