Gst on laptop
WebGST is now levied at a rate of 18\% on laptops, hence taking the total price a little higher than what consumers would have paid in the pre-GST era. What is the GST on computers? 18\% The four digit HSN code for computers is 8471 and according to this HSN code, 18\% GST rate is applicable on Computers. How do I buy a computer without GST? WebNov 21, 2024 · There is a flat rate of 18% GST on laptops and other electronic accessories as decided by the GST council. This means that if you purchase a laptop from a local …
Gst on laptop
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WebAug 21, 2024 · yes you have to pay gst on sales different tax rates prescribed like plastic scrap 5% iron scrap 18% CA S K MISHRA (Service) (4275 Points) Replied 08 May 2024 Paper Scrap (HSN 4707) GST 5%, Computer Scrap (HSN 85 ) GST 5%. For more information refer www.skmadvisory.com prosun biswas (accountant) (42 Points) Replied … WebGST HSN Codes for Laptops and Peripherals Laptops and desktop computers are categorised under Chapter 84 of the HSN codes. Find the list of HSN codes for laptops …
WebDec 12, 2024 · In pc and laptop section its a wrong move as we don’t even produce pc cases indigenously. Students, free lancers, content creators need these. Zaman says: December 13, 2024 at 4:40 pm. WebOkCredit is a free digital Udhar-Khata app for businesses & shop owners. Manage your ledger account book digitally in your preferred language. Ab OkCredit ke saath karein apna khata digital!
WebMay 21, 2024 · Did you know that you can save money on electronic products like laptops if you have a business and a GST number? Here's how you can claim GST benefits on … WebBusinesses often use the same assets and inputs for both business & personal use. For example, Ms. Anita is a freelance designer and blogger. She has a personal laptop which she also uses for her freelance work. She can claim the input credit of GST paid on purchase of laptop only to the extent it pertains to her freelance business. Ms.
WebGST Rate for laptops & Computers with HSN Codes GST rate for goods and services is fixed by the GST Council. All GST rate for goods are linked to HSN code and taxed …
WebDec 14, 2024 · In re Ms Geojit Financial Services Ltd. (GST AAAR Kerala) The Computers, Laptops etc. used for providing output service would not qualify as inputs, though they are physically available as on 30th June, 2024, for the purpose of availing transitional ITC input tax credit of the VAT paid during the pre-GST period, under Section 140 […] bus schedule actWebAug 28, 2024 · The rate of GST applicable on a supply made by the applicant of desktops consisting together of CPU, monitor, keyboard and mouse classifiable under CTH 8471 … bus schedule 2021 kelownaWebMar 26, 2024 · Replied 18 February 2024. you can take ITC of the GST amount paid on the purchase of laptop. But, in case ITC is taken then depreciation is not available on this GST amount. For Eg. laptop value is 1000 and GST is 100. you may claim ITC of 100 and depreciation is then available on 1000 only. in case you dont claim ITC then depreciation … bus schedule alb nmWebSep 11, 2024 · In previous Tax regime we can get ITC for Capital Goods as Machinery. But, we can't claim Input Credit for other Assets like Electronic, Electrical and Furniture, etc.... But, Depreciation allowed full values. Now, GST we can claim ITC on Tax portion and Claim depreciation in Items rate.... RAJA P M ("Do the Right Thing...!!!") (115729 Points) bus schedule 2021 bcWebFeb 21, 2024 · The implementation of GST has been a significant step towards simplifying the tax structure in India. The GST on laptops in India is 18%, and it is applicable to all … bus schedule abbotsford to aldergroveWebAug 28, 2024 · The rate of GST applicable on a supply made by the applicant of desktops consisting together of CPU, monitor, keyboard and mouse classifiable under CTH 8471 is taxable @ 9% CGST as per Notification No. 01/2024-C.T. (Rate) dated 28.06.2024 & 9% -SGST under Notification No. II (2)/CTR/532 (d-14)/2024 vide G.O. (Ms) No. 72 dated … bus schedule 91WebMar 2, 2024 · The primary GST slabs for any regular taxpayers are presently pegged at 0% (nil-rated), 5%, 12%, 18% & 28%. There are a few lesser-used GST rates such as 3% and 0.25%. Also, the composition … bus schedule 2021 halifax