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Goods and Services Tax (India) The Goods and Services Tax (GST) is a successor to VAT used in India on the supply of goods and service. Both VAT and GST have the same taxation slabs. It is a comprehensive, multistage, destination-based tax: comprehensive because it has subsumed almost all the indirect taxes except a few state taxes.
Service tax was a tax levied by the Government of India on services provided or agreed to be provided excluding services covered under the negative list and considering the Place of Provision of Service Rules 2012 and collected as per Point of Taxation Rules 2011 from the person liable to pay service tax. According to the Service Tax Rules 1994 ...
The Indian Revenue Service (Customs & Central Excise) ( IAST: Bhāratīya Rājasva Sevā ), often abbreviated to IRS (Customs & Central Excise) or IRS (Customs & Indirect Taxes), now called IRS (C&IT) is a part of central civil service of the Government of India. It functions under the Department of Revenue of the Ministry of Finance and is ...
United States portal. v. t. e. The U.S. generation-skipping transfer tax ( a.k.a. "GST tax") imposes a tax on both outright gifts and transfers in trust to or for the benefit of unrelated persons who are more than 37.5 years younger than the donor or to related persons more than one generation younger than the donor, such as grandchildren. [ 1]
Goods and Services Tax[ 1] ( GST) in Australia is a value added tax of 10% on most goods and services sales, with some exemptions (such as for certain food, healthcare and housing items [ 2]) and concessions (including qualifying long term accommodation which is taxed at an effective rate of 5.5% [ 3] ). GST is levied on most transactions in ...
GST Computer Systems, a group of British software developers. General Staff (Sweden), a former agency of the Government of Sweden. German Steel Trust, a German steel company. Gerolsteiner (cycling team) Gesellschaft für Sport und Technik, a former East German mass organization providing mandatory pre-military training.
November 2018. ^ "₹1,61,497 crore gross GST revenue collected for June 2023; records 12% Year-on-Year growth". ^ "₹1,44,616 crore gross GST Revenue collection for June 2022; increase of 56% year-on-year Gross GST collection in June 2022 is the second highest collection next to the April 2022 collection GST collection crosses ₹1.40 lakh ...
Goods and Services Tax ( GST) in Singapore is a value added tax (VAT) of 9% levied on import of goods, as well as most supplies of goods and services. Exemptions are given for the sales and leases of residential properties, importation and local supply of investment precious metals and most financial services. [ 1]