GST on TV or Television: Rates, HSN Code

GST on TV or Televisions

In today’s digital age, televisions are more than just appliances—they’re crucial to daily life. Whether it’s an LED or a smart TV, knowing the GST effect is important. This article briefly explains the GST on TVs in India, which includes relevant tax prices, compliance needs, and how it affects consumers and the electronics market. GST … Read more

Understanding the Input Tax Credit (ITC) under GST

Input tax credit under GST

Input Tax Credit (ITC) below GST is one of the fundamental factors of the Goods and Services Tax regime in India. Designed to keep away from the cascading impact of taxes, ITC ensures agencies can claim a credit for the tax paid on purchases and inputs used to supply taxable items or offerings. The concept … Read more

GST On Nursery Plants in India: A complete Guide

GST rates on Plants

GST has simplified India’s tax system, affecting many industries, including agriculture. Nursery plant taxation under GST is essential for farmers and agencies. Understanding it allows for tax compliance, claiming input Tax credit (ITC), and following GST regulations properly. Understanding GST on Nursery plants in India Under the GST framework, the category of nursery plants determines … Read more

GST on Gold Jewellery in India: Understanding the Taxation system

GST on Gold Jewellery in India

Gold has been an essential part of Indian tradition, valued as an ornament and an important funding asset. however, in relation to taxation, gold embellishes are concerned with the goods and Service Tax (GST) in India. expertise on the implications of GST on Gold jewellery in India is vital for customers, shoppers, and traders.In this … Read more

Advantages and Disadvantages of GST: What You need to know

Advantages and Disadvantages of GST

The Goods and Services Tax (GST) has transformed the Indian taxation system for the reason that its implementation was on July 1, 2017. GST has aimed to streamline tax compliance and create a unified market by consolidating various indirect taxes right into a single tax shape. however, like several essential tax reforms, GST has advantages … Read more

What is an E-way bill? A complete guide

E- way bill

In the ever-evolving landscape of taxation in India, the E-way invoice system plays a vital role in ensuring seamless transportation of goods at the same time as preserving compliance with tax guidelines. it’s far an essential factor of the goods and services Tax (GST) framework, assisting businesses song the movement of goods efficaciously. expertise the … Read more