Taxpayer earns ₹1 → Govt takes 31.2%.
He buys a product → Add 5 to 28% GST.
Spends on fuel → 50% tax.
Saves money → Taxed again.
But no, he’s not oppressed.
6 replies21 likes
Ashutosh Mishra
Chartered Accountant • 1y
GST Thread 2
What GST brings along with it -
1. Value added tax and no cascading of taxes - GST is only on the value added by the manufacturer and being a value added tax at each stage it avoids double taxation
Example - If I purchase plastic fr
Why should you pay gst and sgst on service charges? That is illegal. If you are not happy why should you agree to pay service charges?
I see they got cheated.. Tax should be on bill.. which means 1214 * 5% which 60.70 but they added gst on service c
Looking for a sound and logical CA or relevant qualified person.I need some guidance over income tax on foreign income and GST charges for a single person service provider.
1 replies4 likes
Shiva Prasad
•
Lognormal • 3m
Hi Guys,
We are starting a new Internet Service Business.
I want to know about the tax needs to be paid.
Is Internet considered as product or service?
Till how much returns, we can get GST relief and How much will be GST.
If we register the busi
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0 replies3 likes
Rohit Thakur
#startupowner • 1m
Traditional businessmen do not want to accept modern ERP system. Who has any idea. Because everybody has to save tax. What everybody does is that they give all the bills and paper bills and He does not add entries to the account.In this way all the G
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0 replies1 like
mg
News & updates • 10d
AC is Necessity in Dubai But Luxury in India
Both Cities Have Similar Heatwaves in May & June
Dubai Takes 5% VAT on AC and 0 Income Tax
India Charges 28% GST on AC For No Reason