Law4u - Made in India

Who is liable to pay GST, and how is it calculated?

11-Mar-2023
GST

Answer By law4u team

In India, GST (Goods and Services Tax) is a destination-based consumption tax, which means that it is ultimately borne by the end consumer of goods and services. However, GST is collected and paid by businesses throughout the supply chain, and they can claim a credit for the GST paid on their purchases (input tax credit) against the GST collected on their sales (output tax). The following entities are liable to pay GST: Registered Taxable Persons: Businesses whose turnover exceeds the GST threshold limit of Rs. 40 lakhs (Rs. 20 lakhs for special category states) are required to register for GST and are liable to pay GST. Casual Taxable Persons: Persons who occasionally supply goods and services in a taxable territory but do not have a fixed place of business in that territory are required to register as a casual taxable person and are liable to pay GST. Non-Resident Taxable Persons: Non-resident persons who supply goods and services in a taxable territory are required to register as a non-resident taxable person and are liable to pay GST. Tax Deductors: Certain businesses, such as government agencies and large corporations, are required to deduct GST at the time of making payments to suppliers, and are liable to pay GST on behalf of the suppliers. The calculation of GST is based on the value of the goods or services supplied and the applicable GST rate. The GST rate applicable to a particular good or service is determined by its classification under the four GST rate slabs (5%, 12%, 18%, or 28%). For example, if the value of a good is Rs. 1,000 and the applicable GST rate is 18%, then the GST payable on the good would be Rs. 180 (18% of Rs. 1,000). The total price of the good, including GST, would be Rs. 1,180.

GST Verified Advocates

Get expert legal advice instantly.

Advocate Jagdeesh Yadav

Advocate Jagdeesh Yadav

Criminal, Armed Forces Tribunal, Cheque Bounce, Child Custody, Court Marriage, Cyber Crime, Divorce, Domestic Violence, Family, High Court, Labour & Service, Motor Accident, Muslim Law, Anticipatory Bail, GST

Get Advice
Advocate Ashutosh Kumar Daftuar

Advocate Ashutosh Kumar Daftuar

GST, Anticipatory Bail, Banking & Finance, Tax, Criminal

Get Advice
Advocate V  Manjunatha

Advocate V Manjunatha

Civil, Consumer Court, Breach of Contract, Criminal, GST, Domestic Violence, Family, Landlord & Tenant, Motor Accident, Wills Trusts, Revenue, Cheque Bounce, Banking & Finance, Anticipatory Bail, Divorce, Documentation, Cyber Crime, Labour & Service, Medical Negligence, Muslim Law, Recovery, R.T.I, Property, Succession Certificate

Get Advice
Advocate Saurav Sharma

Advocate Saurav Sharma

Anticipatory Bail, Arbitration, Bankruptcy & Insolvency, Banking & Finance, Breach of Contract, Cheque Bounce, Civil, Consumer Court, Corporate, Criminal, Cyber Crime, Divorce, GST, Domestic Violence, High Court, Media and Entertainment, Motor Accident, NCLT, Property, Recovery, RERA, Supreme Court, Tax, Trademark & Copyright, Revenue

Get Advice
Advocate Shubham Sharma

Advocate Shubham Sharma

Criminal, GST, Divorce, Anticipatory Bail, Court Marriage, Cheque Bounce, Family, Domestic Violence, Civil, Breach of Contract, Landlord & Tenant, Motor Accident

Get Advice
Advocate Sathish Karampuri

Advocate Sathish Karampuri

Anticipatory Bail, Arbitration, Armed Forces Tribunal, Bankruptcy & Insolvency, Banking & Finance, Breach of Contract, Cheque Bounce, Child Custody, Civil, Consumer Court, Court Marriage, Customs & Central Excise, Criminal, Cyber Crime, Divorce, Documentation, GST, Domestic Violence, Family, Insurance, Labour & Service, Landlord & Tenant, Media and Entertainment, Medical Negligence, Motor Accident, Muslim Law, Property, R.T.I, Recovery, Succession Certificate, Trademark & Copyright, Wills Trusts, Revenue

Get Advice
Advocate Pradeep Kumar Yadav

Advocate Pradeep Kumar Yadav

Anticipatory Bail, Cheque Bounce, Child Custody, Consumer Court, Corporate, Court Marriage, Customs & Central Excise, Criminal, Cyber Crime, Divorce, Documentation, GST, Domestic Violence, Family, High Court, Insurance, International Law, Labour & Service, Medical Negligence, Motor Accident, Muslim Law, NCLT, Patent, Property, R.T.I, Recovery, RERA, Startup, Succession Certificate, Supreme Court, Trademark & Copyright

Get Advice
Advocate Vinesh Kumar Tyagi

Advocate Vinesh Kumar Tyagi

Banking & Finance, Breach of Contract, Cheque Bounce, Civil, Consumer Court, Corporate, Court Marriage, Customs & Central Excise, Documentation, GST, High Court, Immigration, Insurance, Labour & Service, Landlord & Tenant, Tax, Trademark & Copyright, Criminal, Divorce, Family, Recovery, Property, R.T.I, Supreme Court, Wills Trusts, Revenue

Get Advice
Advocate Vivek Kumar Jagariya

Advocate Vivek Kumar Jagariya

Banking & Finance, Cheque Bounce, Child Custody, Court Marriage, Customs & Central Excise, Criminal, Cyber Crime, Divorce, GST, Domestic Violence, Family, High Court, Labour & Service, Medical Negligence, Patent, Recovery, Startup, Tax, Trademark & Copyright, Corporate, Anticipatory Bail, Breach of Contract, Bankruptcy & Insolvency

Get Advice
Advocate Rajashekar N M

Advocate Rajashekar N M

Anticipatory Bail, Arbitration, Bankruptcy & Insolvency, Banking & Finance, Breach of Contract, Cheque Bounce, Child Custody, Civil, Consumer Court, Corporate, Court Marriage, Criminal, Divorce, Documentation, GST, Domestic Violence, Family, High Court, Landlord & Tenant, Medical Negligence, Motor Accident, Property, Recovery, Succession Certificate, Wills Trusts, Revenue, Customs & Central Excise

Get Advice

GST Related Questions

Discover clear and detailed answers to common questions about Breach of Contract. Learn about procedures and more in straightforward language.