Table of Contents
What are different rates at which GST is charged?
The GST rate in India for various goods and services is divided under 4 slabs; these are 5\% GST, 12\% GST, 18\% GST, and 28\% GST. However, there are some products that do not carry any GST rate.
Is GST applicable for service charge?
So, as per law, Service Tax has been phased out by GST and customers are not supposed to pay it. However, the Service Charge is still applicable.
Is there GST on consulting services?
GST rate on Consultancy services attracts 18\% of GST Rate. Consultancy can be of any kind related to healthcare, finance, investments etc. Though there are five slab rates, although consultancy services fall under 18\% slab only.
How do you calculate GST on consultancy services?
Consultancy can be of any nature related to healthcare, finance, investments etc. Though there are five slab rates, but consultancy services falls under 18\% slab only. Other GST slabs are 0\%, 5\%, 12\%, 18\% and 28\%….GST rate schedule for services.
| Nature of Service | GST rates on services |
|---|---|
| Courier Services | 18\% Slab |
What is required for GST in India?
Referred to as one of the biggest tax reforms in the country, GST is expected to bring together state economies and improve overall economic growth of the nation. Both the Central as well as State governments are set to impose GST on all services and goods produced, manufactured and imported in India.
What do GST/HST registrants have to collect?
Generally, GST/HST registrants have to collect the GST/HST on all taxable (other than zero-rated) supplies of property and services they provide to their customers. However, there are some exceptions for taxable sales of real property. For more information, see Real property. How does the GST/HST work for charities that are GST/HST registrants?
What is the GST/HST rate for my Supply?
The rate of tax to charge depends on the place of supply. This is where you make your sale, lease, or other supply. A zero-rated supply has a 0\% GST/HST rate throughout all of Canada.
Do I charge GST/HST if there is no PST in place?
If provincial sales tax (PST) is charged in the place of supply, calculate the GST on the price without the PST. Whether or not to charge the GST/HST may depend on who the supply is made to. For more information, see: Whether or not to charge the GST/HST also may depend on who makes the supply.
What is the GST rate for groceries in Canada?
For example, basic groceries are taxable at the rate of zero (0\% GST/HST) in every province and territory. The rate for other taxable supplies depends on the province or territory. The current rates are: 5\% (GST) in Alberta, British Columbia, Manitoba, Northwest Territories, Nunavut, Quebec, Saskatchewan, and Yukon; 13\% (HST) in Ontario
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