How to differentiate Local levy of GST with Merchant Overtime charges?
What is Local levy of GST? How do Merchant Overtime charges work under GST regime? What is the difference between Local levy of GST and Merchant Overtime charges?
Under GST system, the following information explains about Local levy of GST and Merchant Overtime charges.
A local property tax passed by voters of a school district that generates tax revenue for local school districts. All money generated by school district levies goes directly to the school district to pay for enhancements to the state funded basic education. Merchant overtime fee (MOT charges) are the charges which are required to be paid by the exporter, who is availing the services of Central Excise Officers, in accordance with any prescribed procedure, beyond office hours or on Sunday, Saturdays or public holidays i.e. is after the official hours.
The details about Local levy of GST and Merchant Overtime charges with simple language from GST terms have been mentioned in this web blog separately. I suggest you to read these articles on Local levy of GST and Merchant Overtime charges, so as to enable you to have a clear idea on these shipping terms.
For your immediate reference, we give below web links on Local levy of GST and Merchant Overtime charges separately below. You may kindly read the below links to know more about Merchant Overtime charges and Local levy of GST.
Meaning of term local levy under GST
Meaning of Merchant Overtime charges (MOT) under GST
The above information easily explains about Merchant Overtime charges and Local levy of GST.
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