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The GST is imposed at variable rates on variable items. The rate of GST is 18% for soaps and 28% on washing detergents. GST on movie tickets is based on slabs, with 18% GST for tickets that cost less than ₹100 and 28% GST on tickets costing more than ₹100 and 28% on commercial vehicle and private and 5% on readymade clothes. [33]
In April, 2008, the EC submitted a report, titled "A Model and Road map for Goods and Services Tax (GST) in India" containing broad recommendations about the structure and design of GST. In response to the report, the Department of Revenue made some suggestions to be incorporated in the design and structure of proposed GST bill.
The provinces of Nova Scotia, New Brunswick, Newfoundland & Labrador, and Ontario have harmonized their provincial sales taxes with the GST—Harmonized Sales Tax [HST], and thus is a full VAT. The province of Quebec collects the Quebec Sales Tax [QST] which is based on the GST with certain differences.
In 2023–24, the economy of West Bengal is the sixth-largest state economy in India with a gross state domestic product (GSDP) of ₹ 17.19 lakh crore (US$200 billion), [5] and has the country's 20th-highest GSDP per capita of ₹ 121,267 (US$1,400) [24] as of 2020–21.
The agency is tasked with collecting, collating, and disseminating intelligence related to evasion of Goods and Service Tax (GST). In 1983, it became an independent Directorate and in 1998 the Directorate was upgraded to Directorate General with four zonal units in Chennai, Delhi, Kolkata, and Mumbai.
Bhanupriya (born Manga Bhanu; 15 January 1967) is an Indian actress and dancer.In a four decade old career, she has appeared in 155 feature films, predominantly in Telugu and Tamil, and a few in Malayalam, Kannada and Hindi films.
According to the Document Imaging Report, issue no. 8-17-07, there are around 3757 invoice processing applications in the world. [ 7 ] Intelligent Data Capture (IDC) or learning systems enable end users to extract content from invoices without the system having to learn the layout of the invoice.
Structured Financial Messaging System (SFMS) is a secure messaging standard developed to serve as a platform for intra-bank and inter-bank applications.It is an Indian standard similar to SWIFT which is the international messaging system used for financial messaging globally.