Slab for GST calculation

Created by Dada Khalandar khalandar S, Modified on Thu, 27 Mar at 4:00 PM by Dada Khalandar khalandar S

GROSS AMOUNT OF CURRENT EXCHANGED

VALUE OF SERVICE ON WHICH GST TO BE PAID



GROSS AMOUNT OF CURRENT EXCHANGED

VALUE OF SERVICE ON WHICH GST TO BE PAID

 Less than or equal to INR 100,000

1% of the gross amount of the currency exchanged, subject to a minimum of INR 250/- i.e, the minimum GST payable is INR 45

Great than INR 100,000 and less than or equal to INR 10,00,000

INR 1000+0.5% of the gross amount of currency exchanged

 Greater than 10,00,000

INR 5,500+0.1% of the gross amount of currency exchanged, subject to a maximum of INR 60,000/- which caps GST payable at INR 10,800/-

Was this article helpful?

That’s Great!

Thank you for your feedback

Sorry! We couldn't be helpful

Thank you for your feedback

Let us know how can we improve this article!

Select at least one of the reasons
CAPTCHA verification is required.

Feedback sent

We appreciate your effort and will try to fix the article