WebMay 13, 2024 · How to calculate TCS under GST in the given example? TCS to be collected on aggregate value taxable value supplies (Goods + Services) = Rs. 10,000 (+) Rs. 200 … WebMay 4, 2024 · Goods and Services Tax (GST) is a destination-based consumption tax, that was introduced as a one nation one tax in July 2024. It has subsumed almost all major indirect taxes in India. The common GST rates prevalent are 0%, 5%, 12%, 18% and 28% GSTIN - Goods and Services Tax Identification Number
List of All GST Forms - TaxGuru
WebOct 30, 2024 · Under the new taxation regime Taxpayers have to file various monthly and Quarterly Returns and Forms under the Central Goods and Service Tax Act, 2024 to comply with the provisions of the Act. Let us summarize all the returns in the one table. Tags: goods and services tax, GST Kindly Refer to Privacy Policy & Complete Terms of … WebTCS Certificate A tax collector collects the Tax and deposits TCS to the Government The tax collector then files a TCS return, i.e., Form 27EQ, mentioning the Buyer's details and the amount of Tax. Once they file TCS return, and they issue a TCS certificate in the Form 27D The TCS certificate contains the following information: gimre\\u0027s shoes astoria
Punjab Govt Introduces New SIPUs and GST Tool for Defaulters
WebSep 30, 2024 · How to file TCS Return in GST : Form GSTR-8 is a Statement of TCS (Tax Collected at Source) to be filed by E Commerce Operators. Form GSTR-8 contains the … WebJul 31, 2024 · 31 Jul, 2024. Reading Time: 4 Minutes. Tax Collected at Source (TCS) under GST states the tax collected by any e-commerce operative from the consideration established by it on behalf of the provider of goods or services who make materials through the operator’s online stage. TCS can be charged as a proportion of the net taxable … fullbody picrews