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New Tax Framework under the Goods and Services Tax (GST). New Tax rates have been finalised for 1,211 items with a majority of items being kept under the 18 per cent slab. Here's a Complete list of GST rate card. Nil rate (0%): No tax will be imposed on items like fresh meat, fish chicken, eggs, milk, butter milk, curd, natural honey, fresh fruits and vegetables, flour, besan, bread, prasad, salt, bindi. Sindoor, stamps, judicial papers, printed books, newspapers, bangles, handloom etc. 5%: Items such as fish fillet, cream, skimmed milk powder, branded paneer, frozen vegetables, coffee, tea, spices, pizza bread, rusk, sabudana, kerosene, coal, medicines, stent, lifeboats will attract tax of 5 percent. 12%: Frozen meat products , butter, cheese, ghee, dry fruits in packaged form, animal fat, sausage, fruit juices, Bhutia, namkeen, Ayurvedic medicines, tooth powder, agarbatti, colouring books, picture books, umbrella, sewing machine, and cellphones will be under 12 per cent tax slab. 18%: Most items are under this tax slab which include flavoured refined sugar, pasta, cornflakes, pastries and cakes, preserved vegetables, jams, sauces, soups, ice cream, instant food mixes, mineral water, tissues, envelopes, tampons, note books, steel products, printed circuits, camera, speakers and monitors. 28%: Chewing gum, molasses, chocolate not containing cocoa, waffles and wafers coated with choclate, pan masala, aerated water, paint, deodorants, shaving creams, after shave, hair shampoo, dye, sunscreen, wallpaper, ceramic tiles, water heater, dishwasher, weighing machine, washing machine, ATM, vending machines, vacuum cleaner, shavers, hair clippers, automobiles, motorcycles, aircraft for personal use, and yachts will attract 28 per cent tax - the highest under GST system.

GST is basically an indirect tax substituted by a variety of indirect taxes in India. GST is a tax levied on products and services. It was actually passed on March 29, 2017, in Parliament, but the act came into force in India on July 1, 2017. GST is defined as the sales tax that requires businesspeople whose annual turnover exceeds Rs. 40 lakhs to register as a taxable person. The regulations apply to anyone purchasing the same goods and services priced in India. I have been visiting the BTHAWK website for my various new projects for the last 10 months to get GSTIN (Goods Service Tax Identification Number) numbers.

Every person who is liable to pay tax in accordance with the provisions and fails to pay such tax shall pay interest on default amount. Further, a taxable person who makes an undue or excess claim of input tax credit shall pay interest on such undue or excess claims.

The Companies Amendment Act, 2017 ("Amendment Act") was executed with the sole determination to resolve the challenges arising upon the implementation of the Companies Act 2013.. The primary basis for the Amendment Act 2013, is the report of the Company Law Committee(CLC). The Ministry of Corporate Affairs ("MCA") had established the Company Law Committee with the approval to: (a) Pass instructions on the challenges arising from the enactment of the Companies Act 2013. (b) Review the approvals received from the Bankruptcy Law Reforms Committee, the Law Commission of India, and other agencies, the High-Level Committee on Corporate Social Responsibility. In the beginning, The Ministry of Corporate Affairs (MCA) had disclosed 43 sections of the Amendment Act compatible to its notification dated 9 February, 2018. It also briefed 28 additional sections on 7 May, 2018. As a practice, the modifications released (dated 7 May, 2018) have provided improved transparency on the clarification of the various provisions of the Companies Act. Additionally, the MCA insists to ease the procedural requirements under the Companies Act, including the fines imposed in the event of failure to comply. Additional provisions notified. Modifications to the following main provisions were announced on the 7 May 2018:

Major pharmacies have gained a lot from the management software compared to other industry sectors. For the growth in business and management, pharmacies require the best management solutions to keep track of their stock, deliveries and to be up-to-date on major regulatory changes. Below are some of the top trends in pharmacy management software. Management Software that derives value out of the data stored in the system : Single pharmacy or you have multiple pharmacy stores; a lot of data is lying in your records. This data may help in branding and KYC for customer satisfaction and many more. ERP software connected with a data analytics program will helps in making financial decisions, segregate customer data inward & outward with product details under a single slab. The data helps in knowing the customers behavior and can manage your store well on a financial platform. Management programs help in handling multiple tasks at a time Medical synchronization is a new term which means a product you offer to your customers must be in sync with their requirement. ERP software helps pharmacies in maintaining all of the records of patients which is a simple and effective task helping customers with much more better service. Management Software prevents your expenditure on unwanted staff. Total patient records will be stored by the software as it helps in simplifying your workflow and saving your total productive hours. Prescription processing plays a key role. The software management tool comes with prescription processing software that helps in managing all of your orders systematically and saves you a lot of time and also decreases the effort required Fee processing system to be used The ERP Pharmacy management software determines the exact amount of fees which includes all taxes while delivering to a customer. If it was manual it would have taken much more time and effort as you have to go through the older records. With the rapid growth of pharmacies, the need

The Russia export data includes all the information relating to all the commodities that are exported from Russia along with their quantities and all the tariffs, excise and other taxes which are levied on these exports. Everyone who is running a business or planning to start up a new one in Russia must know the current demands of market.

Russia export data includes all the information relating to all the commodities that are exported from Russia along with their quantities and GST (Goods and service) tax which are imposed on these exports.