When is rd cess applicable

The abolition of Research and Development Cess under GST would act as a boon to the big business like pharmaceuticals, automobile, IT sector majorly which would have a chain reaction on the prices of end products like medicines, cars, technology driven manufactured products. Thank you for your response. The 1 GST billing solution for your business Create, edit, share invoices on- the-go Also available on web.

Download Free. Invoice creation in 30 seconds Create, edit, share invoices on-the-go Convert invoices to e-Way bills and more. Start Matching. Was this article helpful? Have a query? ITR Resources. So in that case you should be able to take credit provided you have proper records to show the nexus between the two. The relevant portion is as reproduced below:. Site Map - Recent Site Map. F : Registration requirement in a State where goods are stored.

F : Composite supply eligibility. H : Classification of services - exempt services or not - pure services or H : Supply of service or not - The activity undertaken by the applicant li H : Charitable activities or not - GST on the amounts received in the form H : Levy of GST - reimbursement of expenses such as salaries, rent, traini Payable by :.

Technology means :. Rate applicable :. Mode of payment :. Penalty provision :. Share with friends! Share on Facebook Twitter WhatsApp.