Diminished GST amount of rate on Spectacles business

Chopped GST taxable rate on Spectacles business

 

Is GST rate on Spectacles, corrective reduced? What is the present GST rate tariff on Spectacles, corrective? How much GST tax payable on Spectacles, corrective?

Chopped GST taxable rate on Spectacles business


The below information details about Chopped GST taxable rate on Spectacles, corrective

Spectacles, corrective fall under GST HSN code chapter 9004. The GST rate fixed on Spectacles, corrective by GST council on 18th May, 2017 was 18%. However, GST council Diminished GST amount of rate

The GST slab rate on Spectacles, corrective to 12% as per GST council meet held on 11th June, 2017.


 

GST rate fixed on Spectacles, corrective as per GST council meet on 18th May, 2017 is 18%


GST rate reduced on Spectacles, corrective according to GST council meet held on 11th June, 2017 is 12%.

 

 


The above details about Chopped GST taxable rate on Spectacles, corrective business is only for information.


The validity of above information and amendments about Chopped GST taxable rate on Spectacles, corrective business may be verified before any business dealing.


The Council has broadly approved the GST rates for goods at nil rate, 5%, 12%, 18% and 28% to be levied on certain goods. Commonly used Goods and Services at 5%, Standard Goods and Services fall under 1st slab at 12%, Standard Goods and Services fall under 2nd Slab at 18% and Special category of Goods and Services including luxury - 28%. The most essential goods and services attract nil rate of GST under Exempted Categories. Luxury goods and services and certain specific goods and services attract additional cess than 28% GST.


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