WebMar 2, 2024 · Section 17 of the CGST Act, 2024 (prior to being amended vide CGST (Amendment) Act, 2024] contains a list of goods and services, in respect of which input tax credit is blocked. This article is confined to the blockade of input tax credit in respect of Motor vehicles and other conveyances. WebGST rates reduced for tractor parts Posted on August 18, 2024 February 24, 2024 by khatrimithun MINISTRY OF FINANCE , (Department of Revenue) issued a Notification …
tyres HSN Code or HS Codes with GST Rate - Drip Capital
WebJul 7, 2024 · The GST Council yesterday cut tax rate on exclusive parts of tractors from 28 per cent to 18 per cent, while also announcing reduction on fertilisers to 5 per cent from previously decided 12 per cent. WebHS Code. Goods/Service discription. SGST. CGST. IGST. CESS. Conditions. 4011. New pneumatic tyres, of rubber other than of a kind used on/in bicycles, cycle-rickshaws and … twilight woods air freshener discontinued
Construction Equipment Vehicles- ITC under pre-amended GST …
WebJan 29, 2024 · GST (Goods and Services Tax) is a single domestic indirect tax law that applies to the entire country. 12% GST on cars and other vehicles Tractors except road tractors for semi-trailers with engine capacity exceeding 1800cc Self-loading/self-unloading trailers for agricultural purposes 18% GST on cars in India and other vehicles: WebThis tractor was manufactured by Kubota in Japan from 2003 to 2007. The Kubota L5030 is equipped with a 2.4 L four-cylinder diesel engine and one of three transmissions: HST, TS or manual type with creeper. The Kubota L5030 compact utility … WebNov 11, 2024 · For determining the value of supply or GST the tax obtained at the source in the provision of income tax 1961, should not be included. TCS U/s 206 (C) (1) of Income Tax Act, 1961 should be managed on value inclusive of GST. Download a Free Trial of Gen GST Software New Tax Offer - Upto 20% Off* tailor and suits