WebOct 11, 2024 · As per Section 34 (2) of the CGST Act, a supplier who issues a credit note shall furnish the details of such credit note in the GST return of the tax period during which such credit note is issued but not later than September following the end of the financial year in which such supply was made, or the date of furnishing of the relevant annual … WebFeb 20, 2024 · All about GST Compensation Cess. GST Compensation Cess is levied by the Goods and Services Tax (Compensation to States) Act 2024. The object of levying this cess is to compensate the states for the loss of revenue arising due to the implementation of GST on 1st July 2024 for a period of five years or such period as recommended by the …
जीएसटी म्हणजे काय ? What is GST Information …
WebJun 28, 2024 · Consumption determines the type of levy – CGST/ SGST and IGST. GST is a consumption based tax i.e. proceeds of taxes should be received by the state in which … Webtra-state sale and both CGST and SGST will apply, at the rate of 9% each. B (Maharashtra) is selling to C (Rajasthan). Since it is an inter-state sale, IGST at the rate of 18% will apply. C (Rajasthan) is selling to D also in Rajasthan. Once again it is an intra-state sale and both CGST and SGST will apply, at the rate of 9% each. show me a picture of a mako shark
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