GST Information Service

ఈనాడు, హైదరాబాద్‌: వస్తు సేవల పన్ను(జీఎస్టీ)తో సగటు, మధ్య తరగతి ప్రజలకు పన్నుల భారం నుంచి కొంత వూరట లభించనుంది. ఒక సామాన్య కుటుంబం నెలసరి వ్యయంపై సుమారు రూ.500కు పైగా మిగులుతుందని అంచనా. కొన్ని నిత్యావసర సరకులు, ఆహార పదార్థాలపై పన్నును పూర్తిగా తొలగించడం లేదా తగ్గించడంతో కొంత ఉపశమనం లభించింది. ప్రధానంగా తెలుగు రాష్ట్రాల్లో బియ్యంపై ఐదు శాతం పన్ను రద్దు కానుండడంతో ప్రతి కుటుంబానికి రూ.60 నుంచి రూ.100 దాకా మిగిలే అవకాశం ఉంది. టీ, కాఫీ, మసాలాలు, సబ్బులు, టూత్‌పేస్ట్‌లు, మందులు సహా వివిధ తినుబండారాలు, ఆహారపదార్థాల పన్నులు తగ్గడంతో సామాన్య కుటుంబాలకు పన్నుల భారం కొంతమేర తగ్గినట్లే. ఓ కుటుంబం ఆహారపదార్థాలు, కిరాణా సరకులకు గతంలో సగటున నెలకు రూ.11667 వ్యయం చేస్తుండగా జీఎస్టీ నేపథ్యంలో ఇది రూ.11169 కానుంది. కింద పేర్కొన్న వస్తువుల్లో పన్ను మార్పుల వల్ల సుమారు రూ.500 ఆదా కానుంది.

Step by step process for registering online under new GST rules, 2017 With the GST bill approved by the President and the GST council busy finalizing the rules and regulations, all existing businesses registered under central excise, service tax or VAT need to register under GST using an online registration process. GST Registration for existing Central Excise, Service Tax Assessees All existing central excise and service tax assessees are being migrated to GST. An existing assessee would be provided a Provisional ID and Password by CBEC online on logging into their existing ACES login for excise or service tax. Provisional IDs are being issued to only those assessees who have a valid income tax PAN associated with their excise or service tax registration.  In some cases, an assessee may not be provided a provisional ID. Possible reasons for this include: PAN associated with the registration not being valid The PAN being registered with state tax authority and provisiona...

The details about GST rates for services are mentioned below.   The details of notification changes, GST rate changes and other amendments related to GST are also being updated here soon.  The details furnished below is just for information only. You may reconfirm the authenticity and validity  with the authorities  before proceeding with any business transaction. GST for Services Accommodation in hotels, inns, cubs, guest houses, campsite for a continuous period of less than three months Air-conditioned restaurants having license to service alcoholic beverages in relation to service of food or beverages Builder in relation to preferential location, internal or external development Copyright Services Electricity Exchange Services Permitting Commercial Use or Exploitation of any event Promotion of Brand of Goods, Services Maintenance of Medical Records services Promotion, marketing or organizing of games of chance including lottery, bingo...

The details about GST rates of goods are mentioned below.   The details of notification changes, GST rate changes and other amendments related to GST are also being updated here soon.  The details furnished below is just for information only. You may reconfirm the authenticity and validity  with the authorities  before proceeding with any business transaction. GST rates of Goods GST rate for sale of Live Animals in India (HSN Chapter 01) GST rate for sale of Meat in India (HSN Chapter 02) GST for Fish in India (HSN Chapter 03) GST rate for Milk, Cheese, Egg, Honey etc. (HSN Chapter 04) GST slab rate for sale of animal origin products (HSN Chapter 05) GST for sale of Live plants and trees, nurseries (HSN Chapter 06) GST rate for sale of Fresh Vegetables in India (HSN Chapter 07) GST rate for Fruits sales and nut sales in India (HSN Chapter 08) GST rate for Coffee and Tea in India (HSN Chapter 09) GST for Rice, Oats, Millets, Maize et...

The Goods and Services Tax Council broadly agreed on 4 tax brackets for services (5%, 12%, 18% and 28%), though they are yet to decide on a tax bracket for gold. Finance minister Arun Jaitley, at a presser in Srinagar, listed out the details, which were: 1) All services have been fitted into four different rates, which are 5%, 12%, the standard 18% and the luxury rate of 28% 2) Transport services (Railways, air transport) will be under the 5% category becau .. 3) Service tax on non-AC hotels will 12%, on AC hotels that serve liquor will be 18%. Higher tax rate for luxury hotels. 4) Hotels and lodges with tariff below Rs 1,000 will be exempt. Those with Rs 2,500-5,000 will be 18%. Luxury hotels will face tax of 28%. 5) 28% tax slab on 5-star hotels, race club betting, cinema. 6) 18% tax slab for telecom, financial services 7) E-commerce players to deduct 1% tax at source before paying suppliers. E-retailers such as Flipkart and Snapdeal to pay GST. 8) 5% tax to be l...

SERVICES UNDER REVERSE CHARGE AS APPROVED BY GST COUNCIL The fitment of rates of services were discussed on 19 May 2017 during the 14 th  GST Council meeting held at Srinagar, Jammu & Kashmir. The Council has broadly approved the GST rates for services at Nil, 5%, 12%, 18% and 28%. The list of services that will be under reverse charge as approved by the GST Council is given below. The information is being uploaded immediately after the GST Council’s decision and it will be subject to further vetting during which the list may undergo some changes. The decisions of the GST Council are being communicated for general information and will be given effect to through gazette notifications which shall have force of law. Percentage Percentage of service tax of service Sl. Provider payable by any Service tax payable Recipient of Service No. of se...