Billing under GST, Goods and Services Tax - GST

[CA Seetharaman K C]

Please clarify how traders would be billing from 1-7-2017. What would be the CGST and SGST ?? Is it 50% each? As of now hardly any small traders are prepared for changing their billing system from 1st July 2017

Posts / Replies

[KIRTIKUMAR PUROHIT]

From appointed date i.e. 1 July,2017; Every Supplier has require to change its Bill system; he has to charge for Intra State supply 50% as CGST & 50% as SGST of appliacable rate of GST. and full rate of GST has requre to charge in Inter state supply. Example: if GST Rate is 18% than 9% as CGST * 9% as SGST in intra State Supply and 18% IGST in Inter state Supply.