Goods and Services Tax (GST)
GPTKB entity
Properties (40)
| Predicate | Object |
|---|---|
| gptkbp:instanceOf |
tax
|
| gptkbp:ageLimit |
Rs. 10 lakhs for special category states
Rs. 20 lakhs for most states |
| gptkbp:appliesTo |
supply of goods
supply of services |
| gptkbp:benefits |
enhances competitiveness
increases compliance reduces cascading effect of taxes simplifies tax structure |
| gptkbp:consequences |
for non-compliance
|
| gptkbp:controversy |
regarding compliance burden
regarding implementation regarding rates regarding revenue impact |
| gptkbp:effectiveDate |
July 1, 2017
|
| https://www.w3.org/2000/01/rdf-schema#label |
Goods and Services Tax (GST)
|
| gptkbp:impact |
on e-commerce
on small businesses on pricing of goods and services on supply chain management |
| gptkbp:inputOutput |
available for registered taxpayers
|
| gptkbp:internationalCooperation |
adopted by many countries
|
| gptkbp:introduced |
gptkb:India
|
| gptkbp:is_integrated_with |
levied on inter-state supply
|
| gptkbp:issuedBy |
gptkb:Goods_and_Services_Tax_Network_(GSTN)
|
| gptkbp:mandates |
certain goods and services
|
| gptkbp:rateOfFire |
varies by goods and services
|
| gptkbp:regulatoryCompliance |
annual filing of returns
monthly filing of returns |
| gptkbp:relatedPatent |
Value Added Tax (VAT)
Customs Duty Excise Duty Service Tax Cess Sales_Tax |
| gptkbp:replacedBy |
multiple indirect taxes
|
| gptkbp:startsAt |
levied by central government
|
| gptkbp:state |
levied by state governments
|
| gptkbp:systemRequirements |
mandatory for certain taxpayers
|
| gptkbp:type |
indirect tax
|