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Badrinath Patel
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  1. The formula for GST calculation: 1. Add GST: GST Amount = (Original Cost x GST%)/100 Net Price = Original Cost + GST Amount 2. Remove the GST: GST Amount = Original Cost – [Original Cost x {100/(100+GST%)}] Net Price = Original Cost – GST Amount. This can be explained with the help of an example: LeRead more

    The formula for GST calculation:
    1. Add GST:
    GST Amount = (Original Cost x GST%)/100
    Net Price = Original Cost + GST Amount
    2. Remove the GST:
    GST Amount = Original Cost – [Original Cost x {100/(100+GST%)}]
    Net Price = Original Cost – GST Amount.
    This can be explained with the help of an example:
    Let’s assume that a product is sold for Rs. 2,000 and the GST applicable to that product is 12 %.
    Then the net price of the product becomes Rs. 2,000 + 12% of Rs.2,000.
    The final outcome is Rs. 2,000 + Rs. 240 = Rs. 2,240

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Badrinath Patel
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  1. The rate of GST in India, depends on the type of good or service one consumes.The GST rates for various goods and services is divided under four slabs; these are 5% GST, 12% GST, 18% GST, and 28% GST. However, there are certain products that do not carry any GST rate.

    The rate of GST in India, depends on the type of good or service one consumes.The GST rates for various goods and services is divided under four slabs; these are 5% GST, 12% GST, 18% GST, and 28% GST. However, there are certain products that do not carry any GST rate.

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Badrinath Patel
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  1. There are many cases where refund can be claimed. Here is the illustrative list of instances where refund can be claimed – > Excess payment of tax is made due to any mistake or omission. >Dealer Exports (including deemed export), the goods/services under claim of rebate or Refund >ITC accumRead more

    There are many cases where refund can be claimed. Here is the illustrative list of instances where refund can be claimed –
    > Excess payment of tax is made due to any mistake or omission.
    >Dealer Exports (including deemed export), the goods/services under claim of rebate or Refund
    >ITC accumulation due to the output being tax exempt or nil-rated
    >Refund of tax paid on purchases made by the Embassies or UN bodies
    >Tax Refund for the International Tourists
    >Difference arising due to final result of provisional assessment

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Badrinath Patel
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  1. Introduction of the GST has brought an affirmative influence on the automobile sector. Earlier, the dealers could not claim credit of the excise duty and VAT paid, which would further increase the purchase cost. But, GST has eliminated the cascading effect of taxes, thereby reducing the price of theRead more

    Introduction of the GST has brought an affirmative influence on the automobile sector. Earlier, the dealers could not claim credit of the excise duty and VAT paid, which would further increase the purchase cost. But, GST has eliminated the cascading effect of taxes, thereby reducing the price of the automobiles.
    The GST rate on car service is 18%.

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Badrinath Patel
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  1. Limit of the information that can be stored in with specifications: >Smallest symbol size 21 x 21 modules >Largest symbol size 177 x 177 modules >Maximum data capacity Numeric 7089 characters >Alphanumeric 4296 characters

    Limit of the information that can be stored in with specifications:
    >Smallest symbol size 21 x 21 modules
    >Largest symbol size 177 x 177 modules
    >Maximum data capacity Numeric 7089 characters
    >Alphanumeric 4296 characters

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Badrinath Patel
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  1. There are many cases where refund can be claimed. Here is the illustrative list of instances where refund can be claimed – > Excess payment of tax is made due to any mistake or omission. >Dealer Exports (including deemed export), the goods/services under claim of rebate or Refund >ITC accumRead more

    There are many cases where refund can be claimed. Here is the illustrative list of instances where refund can be claimed –
    > Excess payment of tax is made due to any mistake or omission.
    >Dealer Exports (including deemed export), the goods/services under claim of rebate or Refund
    >ITC accumulation due to the output being tax exempt or nil-rated
    >Refund of tax paid on purchases made by the Embassies or UN bodies
    >Tax Refund for the International Tourists
    >Difference arising due to final result of provisional assessment

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Badrinath Patel
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  1. Yes, QR codes are free to use or generate in any QR code software online as long as you generate your QR solution in the static QR code. The Static QR codes are free. On the other hand, if you choose to generate a Dynamic QR code, it will require you a paid subscription as it is an advanced QR codeRead more

    Yes, QR codes are free to use or generate in any QR code software online as long as you generate your QR solution in the static QR code. The Static QR codes are free.

    On the other hand, if you choose to generate a Dynamic QR code, it will require you a paid subscription as it is an advanced QR code which permits you to track and edit your QR which is useful for business and marketing.

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Badrinath Patel
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  1. Having knowledge about the GST, working on it and earning from it is a skillful job. One can earn as much as they invest in it with respect to time and efforts, it simply depends on their professional skills. However, salary of the GST practitioner: the average annual salary for Accounts Manager inRead more

    Having knowledge about the GST, working on it and earning from it is a skillful job. One can earn as much as they invest in it with respect to time and efforts, it simply depends on their professional skills. However, salary of the GST practitioner: the average annual salary for Accounts Manager in GST Practitioner is INR 4.9 – 6.4 lakhs in India.

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Badrinath Patel
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  1. The maximum capacity for the standard QR code (according to Wikipedia) is 2,953 bytes or 23,624 bits. Each bit will have two states, so the number of possible permutations is 2^23624 or about 3.4*10^7111.

    The maximum capacity for the standard QR code (according to Wikipedia) is 2,953 bytes or 23,624 bits. Each bit will have two states, so the number of possible permutations is 2^23624 or about 3.4*10^7111.

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