Web8 hours ago · A sugar factory owned by BJP national secretary Pankaja Munde in Parli in Maharashtra’s Beed district was raided by Goods and Services Tax (GST) officials on Thursday, allegedly over GST evasion. The Vaidyanath Sugar Factory is currently non-operational. “I spoke to GST authorities. I asked them why such a sudden action. WebSep 14, 2024 · In the government’s recent announcement of revised rates of GST, the tax that chit fund services attract has been raised to 18% from the earlier 12%.
IRAS Supplies Exempt from GST
WebGST Number of D N C CHITS PRIVATE LIMITED is 33AAACD8611K1ZS in Tamil Nadu D N C CHITS PRIVATE LIMITED is popularly known as D N C CHITS PRIVATE LIMITED. It is a Private Limited Company with its office registered in Tamil Nadu . The company carries out its major operations from Tamil Nadu. WebSupplies that are exempt from GST include: The provision of financial services; The supply of digital payment tokens (with effect from 1 Jan 2024); The sale and lease of residential properties; and The import and local supply of investment precious metals (IPM). GST need not be charged on exempt supplies. Financial Services horse float hire
GST Tax Rate on SAC Service - Heading 9971 (Financial and related ...
WebMay 5, 2024 · Usha Bala Chits Private Limited, Eluru is dealing in finance and related services and engaged in conducting of chits. They have been paying GST on the … WebExplanation.- (a)"chit" means a transaction whether called chit, chit fund, chitty, kuri, or by whatever name by or under which a person enters into an agreement with a specified … WebJul 9, 2024 · The GST will impact on the return on the savings for those looking to save tax and the cost of funds will also go up. With reduced returns, those looking to save money … ps245l transfer switch replacement