Web14 okt. 2024 · (1) The value of a supply of goods or services or both shall be the transaction value, which is the price actually paid or payable for the said supply of goods or services or both where the supplier and the recipient of the supply are not related and the price is the sole consideration for the supply WebHSN Code is Harmonised System Nomenclature. In easy language, it is the serial number of different items, goods and services in Goods and Services Tax (GST). HSN Code is important for GST Registration, Migration and Enrolment as it is required to be compulsory given for all the different items a business manufactures, trades or retails.
SAC Code and GST Rate for Recruitment and HR Services
Web22 sep. 2024 · Services provided by way of pure labour contracts of construction, erection, commissioning, installation, completion, fitting out, repair, maintenance, renovation, or alteration of a civil structure or any other original works pertaining to the beneficiary-led individual house construction or enhancement under the Housing for All (Urban) Mission … WebSuppose the basic labour supply amount is = Rs.10000; The service charges @ 10% are = Rs.1000; The EPF deductible @12% is = Rs.1200; The ESI deductible is = Rs. 475; Now … research agenda of tesda
HSN Code for Man Power Service in India - Export Genius
Web10 apr. 2024 · HSN GST number 998514 Temporary staffing services. GST service code number 998515 Long-term staffing (pay rolling) services. GST code 998516 Temporary … WebThe Council fixed the GST on services based on SAC Code or Services Accounting Code, the services classification system developed by the erstwhile service tax department for levy of service tax. GST rate for services fall under five slabs namely 0%, 5%, 12%, 18% and 28%. In this article, we look at the GST rate for security services in detail. WebThe government levies a GST of 18% for supplying manpower to a person, business or even the central or state ministry. These manpower services can be of various types such as drivers, clerical staff, data entry operators, housekeeping services, security services and so on. However, according to articles 243G and 243W of the Indian Constitution ... research agenda on aging