Table of Contents
What is current GST rate in India?
In India GST rate for various goods and services is divided into four slabs: they are 5\% GST, 12\% GST, 18\% GST, & 28\% GST….Revision of GST Rates announced in the 37th GST Council Meeting.
| Goods or commodities | New rate | Old rate |
|---|---|---|
| Hotels with Room Tariff of Rs.7501 and above | 18\% | 28\% |
What is standard GST?
Follow. The Goods and Services Tax (GST) is a uniform indirect tax levied on goods and services across the country.
How do I check my GST refund?
Log on to the common portal at: https://www.gst.gov.in/ Enter your valid credentials on this login page. Maneuver your cursor over and click on Service > then select Returns > and go to Track Return Status. Write your ARN number in the specified ARN field.
How do I sell with GST?
You can sell online without GST only if you sell goods which are exempted. If you sell goods on which GST is applicable, then you has to get GST number to be able to sell online. You has to take GSTIN even if turnover is less than Rs. 20 lakh.
What is the GST rate of gold?
3\%
The government has levied 3\% GST rate on gold jewellery; however, the goods and services tax depends on the type of gold, imports and the sector: unorganised or organised.
What is GST tax rate?
GST on Loans and Advances. Earlier Service Tax was levied on Loans which has now been replaced by GST which would now be levied on loans. The rate of Service Tax was 15\% whereas the rate of GST is 18\% . Jul 1 2020
What are Indiana tax brackets?
The Indiana Income Tax. Indiana collects a state income tax at a maximum marginal tax rate of \%, spread across tax brackets. Unlike the Federal Income Tax, Indiana’s state income tax does not provide couples filing jointly with expanded income tax brackets.
What are goods and Services Tax (GST)?
The goods and services tax (GST) is a tax on goods and services sold domestically for consumption.