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Hsn code for sale of car

Web26 jan. 2024 · GST on sale of second hand (used and old) vehicles. In GST, margin scheme has been provided in case of sale of second hand motor vehicles. In this scheme, a person supplying old and used vehicles is liable to pay GST on the profit margin at the time of sale of such vehicles. Web23 mrt. 2024 · Hsn code for sale of used car in gst with profit Gautam Jain (14 Points) 23 March 2024 HSN code of sale of use car capital asset in gst with with profit so gst payable on profit please mention the hsn code to be used for this to make the tax invoice of profit 3 Replies prasad Nilugal (Sr . Accountant and GST Practitioner . ) (12124 Points)

Rate of GST payable for Rubber and rubber products in India

WebHSN Code and GST on Cars, Bike, Tractor, Auto, Bus, Truck-HSN Chapter 87 In this article, we look at the HSN code and GST rate for the railway, tramway rolling stock and related accessories which fall under Chapter 87 of HSN Code. This Chapter does not cover railway or tramway rolling-stock designed solely for running on rails. http://www.eximguru.com/hs-codes/87038030-motor-cars.aspx flatiron church easter online https://etudelegalenoel.com

Classifying vehicles, bicycles, parts and accessories - GOV.UK

Web15 feb. 2024 · GST on Cars for Personal Use Vehicles for personal use such as motor cars, motor vehicles and even bicycles feature GST ranging from 5% to 12%. The GST on vehicles for personal use is not only applicable to the vehicles itself but also on the accessories/ replacement parts for those vehicles. Web11 aug. 2024 · All these kinds of scrap fall under different HSNs i.e. 72, 73, 74, 76 under different sub-heading nos. and attract different rates of tax under GST Tariff Act. In view of above, old & used car (declared scrap) cannot attract rate of tax under HSN meant for a car. WebHS Codes >. Motor Cars And Other Motor Vehicles Principally Designed For The Transport Of Persons (other Than Those Of Heading 8702), Including Station Wagons And Racing Cars. Search Global Export Import Trade Data. Type Your Product (ex : brass, rice) Recent Searches: No Recent Searches. flatiron church co

MOTOR CARS - GST RATES & HSN CODE 8703 - ClearTax

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Hsn code for sale of car

What Is an HSN Code? Here’s Everything You Need to Know

Web19 mrt. 2024 · In the case of taxpayers whose turnover is above INR 1.5 crore but below INR 5 crore, you need to use 2 digit HSN codes. Lastly, for taxpayers whose turnover is below INR 1.5 crore, you need not mention the HSN code in your invoice. Remember, this will also be required for filing GST returns. Web24 nov. 2024 · 2. GST @ 18% (CGST + SGST or IGST) on Old and used, diesel driven motor vehicles of engine capacity of 1500 cc or more and of length of 4000 mm. 3. GST @ 18% (CGST + SGST or IGST) on Old …

Hsn code for sale of car

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WebKnow HSN code for proucts, SAC code for service and tax slab under GST rates here. Search and Find HSN Codes, SAC codes & GST Rates of goods and services under GST in India. Know HSN code for proucts, SAC code for service and tax slab under GST rates here. Install Legaldocs Android AppINSTALL English हिन्दी मराठी ગુજરાતી … Web3 aug. 2012 · Classic or collectors’ cars will be classified under heading 9705 if they meet the criteria of legally binding note 1 to chapter 97 of the tariff. Those less than 30 years old are generally not...

WebThe HS code is a worldwide terminology for the classification of items. It helps customs in various countries to make sure that they are talking about the same product and the HS code of a product also determines the import duties. Worldwide it is a six-digit code framework for grouping and categories different merchandise and goods being exported. Web13 mei 2024 · Based on the HSN or SAC code, GST rates have been fixed in five slabs, namely 0%, 5%, 12%, 18% and 28%. In the GST regime each invoice will have to mention HSN code for all goods which are sold and SAC code for all services which are provided. Businesses will thus, need to be aware of the HSN code list and SAC code list for all …

WebFind HSN, or SAC codes for the goods, or services you sell with the HSN/SAC Code Search. ZOHO "Welcome "+username+ Sign Up Now Sign In. Books Menu. Toll Free - 18005726671 ... Businesses with an annual turnover less than Rs. 1.5 Crores are not required to use HSN codes to sell their goods. WebHSN Code 8707 Bodies, incl. cabs, for tractors, motor vehicles for the transport of ten or more persons, motor cars and other motor vehicles principally designed for the transport of persons, motor vehicles for the transport of goods and special purpose motor vehicles of heading 8701 to 8705 HSN Code 8708

Web6 okt. 2024 · Harmonised System (HS) code: 0203 Product: meat Rule: production in which all the materials of chapters 1 and 2 used are wholly obtained. If meat is produced from animals born, raised and...

WebThe Harmonized Commodity Description and Coding System, also known as the Harmonized System (HS) of tariff nomenclature is an internationally standardized system of names and numbers to classify traded products. … check paypal balance by textWebHS Codes > Motor Cars And Other Motor Vehicles Principally Designed For The Transport Of Persons (other Than Those Of Heading 8702), Including Station Wagons And Racing Cars Search Global Export Import Trade Data Type Your Product (ex : brass, rice) Recent Searches: No Recent Searches 87038030 - Motor cars HS Code and Indian … check paypal account limitWeb12 rijen · HSN Code Product Description; 8703: Motor cars and other motor vehicles principally designed for the transport of persons (other than those of heading 8702), including station wagons and racing cars. 870321: Of a cylinder capacity not exceeding 1000 cc: 8703219: Other: 87032191: Motor cars: 8447 check paypal balance onlineWeb1 jul. 2024 · HSN Code Description Rate (%) CESS (%) Effective Date Rate Revision; 8701: TRACTORS (OTHER THAN TRACTORS OF HEADING 8709)(tractors) 12%: Nil: 01/08/2024 1/07/2024: 8701: TRACTORS (OTHER THAN TRACTORS OF HEADING 8709)(road tractors more than 1800 cc capacity) 28%: Nil: 01/08/2024 1/07/2024: 87011000 check payor meaningWebThis 6-digit HSN code can be utilized to classNameify more than five thousand commodities and is further applied for tax objectives classNameification. The Customs and Central Excise attached two more digits later to advance HSN code search for more reliable differentiation. It is a globally trusted multipurpose instrument for indirect taxes. check paypal account balanceWebLatest China HS Code & tariff for used car - Tariff & duty, regulations & restrictions, landed cost calculator, customs data for used car in ETCN. China customs statistics trade data. Home; Sign in; Join Now, Member Center; ... Sales Phone (+86) (0) 10 64720148 Sales Email [email protected] flat iron cleanerWeb1 jul. 2024 · 3 wheel vehicles diesel electric motor - gst rates & sac code 8705; Vehicles diesel electric motor 1500cc - gst rates & sac code 8706; Vehicles diesel electric motor - gst rates & sac code 8707; Other parts of the motor vehicles - gst rates & hsn code 8708; … flat iron cleveland