GST Tax Policy
At LEED, we adhere to Goods and Services Tax regulations governing our products and services. This GST Policy outlines our approach to GST compliance and related procedures.
GST Collection:
- Applicability: Goods and Services Tax (GST) is applicable to all eligible products and services offered by LEED in accordance with GST laws and regulations.
- GST Rates: The applicable GST rates are determined based on the nature of the product or service and the GST laws of the region where the transaction occurs.
GST Calculation:
- GST Amount:The GST amount is calculated as a percentage of the total purchase price, including the applicable GST rate.
- Inclusive Pricing: Prices displayed on our platform may include GST, and the breakdown of GST will be indicated in the invoice provided upon purchase.
GST Invoices:
- Invoice Details: A comprehensive tax invoice will be issued for all transactions that include GST. The invoice will specify the GST amount charged and the applicable GST number.
Input Tax Credit (ITC):
- Availability:For eligible business customers, Input Tax Credit may be available on the GST paid for purchases made from LEED. Please consult with your tax advisor for ITC eligibility and procedures.
Changes in GST Rates:
- Adjustments: In the event of changes in GST rates as per government directives, LEED reserves the right to adjust the GST amount for future transactions accordingly.
GST Compliance:
- Compliance Commitment: LEED is committed to ensuring GST compliance in all transactions and adheres to the GST regulations mandated by the government.
Contact Us:
For any questions or further clarification regarding our GST Tax Policy, please reach out to us at [contact email/phone number]. We are dedicated to providing assistance and ensuring compliance with GST regulations.
This GST Tax Policy was last updated [date].