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₹ 21 crore (US$2.4 million) [66] ₹ 13 crore (US$1.5 million) [66] January: NA ₹ 24 crore (US$2.8 million) [67] ₹ 26 crore (US$3.0 million) [67] February ₹ 21.06 crore (US$2.4 million) [56] ₹ 25 crore (US$2.9 million) [68] ₹ 22 crore (US$2.5 million) [68] March ₹ 34.93 crore (US$4.0 million) [60] ₹ 33 crore (US$3.8 million) [69 ...
Pre-GST, the statutory tax rate for most goods was about 26.5%; post-GST, most goods are expected to be in the 18% tax range. The tax came into effect from 1 July 2017 through the implementation of the One Hundred and First Amendment to the Constitution of India by the Government of India . 1 July is celebrated as GST Day. [ 4 ]
The committee submitted its report to the government in April 2008 and released its First Discussion Paper on GST in India in 2009. [2] Since the proposal involved reform/ restructuring of not only indirect taxes levied by the Central but also the States, the responsibility of preparing a Design and Road Map for the implementation of GST was ...
15% (highest rate) 8% (lowest rate) [153] 0% 0% for expatriates, 15% for nationals 6% [154] Taxation in the Maldives Mali: 30% — — — Taxation in Mali Malta: 35% (unless eligible for 30% rebate) 0% 35% 18% (7% and 5% for certain goods and services) Taxation in Malta Marshall Islands: 0.8% (lowest rate) 3% (highest rate) 0% 12% [155] 4% ...
The following table shows the tariff rate, in percentages, according to United Nations Conference on Trade and Development (UNCTAD), [1] World Trade Organization, [2] and World Bank. [ 3 ] UNCTAD indicators are based on MFN (Most Favoured Nation) and effectively applied import tariff rates for major categories of non-agricultural and non-fuel ...
These are lists of Indian states and union territories by their nominal gross state domestic product (GSDP). GSDP is the sum of all value added by industries within each state or union territory and serves as a counterpart to the national gross domestic product (GDP). [1]
GST + QST: 9.975 [11] 14.975 [12] Books are taxed at 5.0% (considered essential goods for QST but not for GST). There is an additional tax on tourist lodgings such as hotels which is usually 3.5%. This tax does not apply in Nunavik. [13] [14] Saskatchewan: GST + PST 6: 11 The 6% rate is effective for goods and services effective March 23, 2017 ...
GST in New Zealand is designed to be a broad-based system with few exemptions, such as for rents collected on residential rental properties, donations, precious metals and financial services. [1] It normally makes up around 30% of tax revenue in New Zealand. [2] The rate for GST, effective since 1 October 2010 is 15%. [3]