GST RATE IN COUNTRIES

ABOUT GST RATE IN DIFFERENT COUNTRIES:

www.carajput.com; Ready for GST

The combined GST rate is being discussed by government. The rate is expected around 18% to 22%. After the Total GST Rate is arrived at, the States and the Centre will decide on the CGST and SGST rates.

GST Rates on Goods & Services  – to be based on Revenue Neutral Rate (RNR) There will be Four rates:

Merit rate for essential goods and services,

Standard rate for goods and services in general,

Special rate for precious metals, &

NIL rate

Current Rate of GST in some other countries are :

🏻Australia 10%,

🏻France 19.60%,

🏻Canada 5%,

🏻Germany 19%,

🏻Japan 8%,

🏻Singapore 7%,

🏻Sweden 25%,

🏻New Zealand 15% &

🏻Pakistan17%

You may like a few other posts 

GST Return compliances calendar- Nov 2020

SALIENT FEATURES OF NEW GST SYSTEM IN INDIA

Key points of 42nd GST council Meeting headed By FM N. Sitharaman

Rajput Jain and Associates 

FOR FURTHER QUERIES CONTACT US:

E: singh@carajput.com      9-555-555-480

Rajput Jain & Associates

Rajput Jain & Associates is a Chartered Accountants firm, with it's headquarter situated at New Delhi (the capital of India). The firm has been set up by a group of young, enthusiastic, highly skilled and motivated professionals who have taken experience from top consulting firms and are extensively experienced in their chosen fields has providing a wide array of Accounting, Auditing, Taxation, Assurance and Business advisory services to various clients and their stakeholders. Rajput jain & Associates, a professional firm, offers its clients a full range of services, To serve better and to bring bucket of services under one roof, the firm has merged with it various Chartered Accountancy firms pioneer in diversified fields. We have associates all over India in big cities. All our offices are well equipped with latest technological support with updated reference materials. We have a large team of professionals other than our Core Team members to meet the requirements of our prospective clients including the existing ones. However, considering our commitment towards high quality services to our clients, our team keeps on growing with more and more associates having strong professional background with good exposure in the related areas of responsibility.

Recent Posts

Form 30A vs TDS: How India Taxes Non-Resident Guest Lecturer

Applicability of TDS on Honorarium (Non-Resident Guest Lecturer) The Income Tax Act does not define “honorarium”; as per the general… Read More

1 day ago

Fraud Advisory for Auditors on Govt Schemes & Dormant A/cs

In today’s evolving financial ecosystem, fraud risks are becoming increasingly sophisticated, particularly in areas involving government-sponsored schemes and dormant bank… Read More

4 days ago

Compulsory disclosure of Bank Balances in ITR‑4

Compulsory disclosure of taxpayer Bank Balances in ITR‑4 CBDT has introduced a significant compliance requirement via Notification No. 45/2026 dated… Read More

5 days ago

New Procedure for PAN Correction : CBDT

CBDT Introduces New Procedure for PAN Correction In a parallel development under the new income tax framework, the Central Board… Read More

1 week ago

China’s Tax System vs. India’s Tax System

Overview of China's Tax System vs. India's Tax System Overall Structure Framework India: Federal dual-tax model, Center + state powers,… Read More

1 week ago

Emerging TDS Sec 194T Compliance Risks for Partnership Firm

Key Tax Deducted at Source Compliance Issues under Section 194T Section 194T significantly increases compliance rigor by imposing gross-based, real-time… Read More

2 weeks ago
Call Us Enquire Now