Admin1 - Askmyngo

Admin1
Feb 28Mar 11
Helping Poor

GST on Commercial Vehicles: Rates, ITC, Compliance & Updates

The Goods and Services Tax (GST) is a comprehensive indirect tax levied on the supply of goods and services in India. The GST rate on commercial vehicles varies depending on the type of vehicle. GST Rate on Commercial Vehicles Type of Vehicle GST Rate Tractors except road tractors for semi-trailers with engine [...]

Admin1
Jan 15Mar 11
Helping Poor

Advantages and Disadvantages of GST: What You Should Know

The Goods and Services Tax (GST) has revolutionized India’s tax system by replacing multiple indirect taxes like VAT, excise duty, and service tax. Its four-tier tax structure (5%, 12%, 18%, and 28%) brings clarity, while the input tax credit (ITC) mechanism prevents the cascading effect of taxes, reducing business costs [...]

Author: Admin1

GST on Commercial Vehicles: Rates, ITC, Compliance & Updates

Advantages and Disadvantages of GST: What You Should Know

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