WebThe primary GST slabs for regular taxpayers are currently 0% (nil-rated), 5%, 12%, 18%, and 28%. There are a few GST rates that are less commonly used, such as 3% and 0.25%. Furthermore, the taxable composition persons are required to pay General Service Tax at lower or nominal rates such as 1.5%, 5%, or 6% on their turnover. WebJan 1, 2024 · Changes in GST Rate for Job-work services by dyeing or printing of the said textiles and textile products: Notification No. 15/2024- Central Tax (Rate) has amended rate notification no.11/2024 Central Tax (Rate) i.e. rate of GST will be 12% on services by way of job-work by dyeing or printing of the said textiles and textiles products.
GST Rates in 2024 - List of Goods and Service Tax Rates Slabs
WebSep 22, 2024 · Changes in GST rates for Packing, Printing and Publishing Industry. 13.4. Mining Sector 13.5. Sport Industry. 13.6. Leasing services of rolling stocks provided by IRFC to Indian Railways. 13.7. Goods supplied at Indo-Bangladesh Border Haats. 13.8. GST rate changes for other products. 13.9. Other recommendations. WebJun 29, 2024 · GST All Rates Covered in 12% Items List (Full List) Download Now: GST All all Rates Covered in 18% Items List (Full List) Download Now: GST All Rates Covered in 28% Items List (Full List) Download Now: Classification Scheme for Services under GST : GST Rates : GST All Rates Comparison Chart Existing Vs New : List of all Services at … long sleeve cotton tunic tops
Changes in GST Rates for the textile sector W.E.F. 01.01.2024
WebNov 9, 2024 · One must note that there are basically three types of GST. CGST-Central Goods and Services Tax is applicable on the goods and services which are considered to be standard and tax rates can be amended periodically.All the revenue collected is allocated to the central government. As per the Central Goods and Services Tax Act 2016, it is the … WebServices Accounting Codes (SAC Codes) 99891 is used for the Publishing, printing and reproduction services under Goods and Service Tax classification. SAC (Services Accounting Code) are used for the identification of the service. This service comes under heading Other manufacturing services; publishing, printing and reproduction … WebJan 28, 2024 · Existing Rate New Rate; 1. Printing, writing or drawing ink ... GST Tax Rates on Services GST tax rates imposed on services have the same 4 tier tax structure as goods do, 5%, 12%, 18%, 28%. It is notable to mention that the government has exempted healthcare and educational services from attracting GST. long sleeve cotton undershirt