GST exempted categories on Amazon We all know about GST. Every item we buy comes with a GST tax. But is it entirely true? Apparently not. There’s an entire list of items that are GST-exempt or comes at a GST-free cost. Check out the blog to learn more about them. According to Cleartax, GST or Goods and Services Tax is an indirect tax which has replaced many indirect taxes in India such as the excise duty, VAT, services tax, etc. It is a single domestic indirect tax law for the entire country and the amount depends on the goods and services availed. Most of us know about it. Today while selling or buying anything GST is in the back of everyone’s mind. So much so that we’ve got habituated to calculating a product’s cost after adding its GST rate. But here’s an interesting fact: Not all products come with GST. Surprised? Most of you maybe. It’s a lesser-known fact that GST is not applicable to every product sold in the market. There’s a whole list of items which comes at a GST-free ...
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Showing posts from January, 2022