If this thing happens then middle class get so much advantages 🤯🤯
Example - Calculation (For Petrol)
Base Price: ₹50 per liter
Dealer Commission: ₹3 per liter
GST (28%): On base price + dealer commission, i.e., 28% of (₹50 + ₹3) = ₹14.84Total P
What if there was 0% GST in India?🤔
But first, what is GST?😶
It was introduced in 2017. It replaced taxes and aimed at creating a single national market.
GST rates vary from 0% to 28%, depending on the product or service.
Online gaming companies indulge in betting and gambling, taxable at 28% GST: Indian Government.
2 replies10 likes
Jaswanth Jegan
Founder-Hexpertify.c... • 11m
What’s happening here why 28% GST on two wheelers and cements.Even drinking water has 18% 🤦♂️Now affording bikes and building homes will get expensive what Will middle class people do.Seriously I don’t know why is this happening
BCCI's profit is tax-free under Section 12A of the Income Tax Act, whereas IPL tickets bought by fans are subject to 28% GST.
0 replies7 likes
Roze
Design your styles w... • 4m
For new clothing brand is GST suggested at a starting phase????? or is it good to have GST after having some good amount of sales???
10 replies7 likes
Chamarti Sreekar
Passionate about Pos... • 25d
Taxes on IPL tournaments: ZERO %
Taxes on Research & Development: 18 %
Tax on IPL tickets for common people 18% + GST
28% + Entertainment Tax
Shows the messed-up priorities in this country !