GST amount of rate on purchase or sale of Prepared explosives

GST taxable rate on Prepared explosives business

 

GST amount of rate on purchase or sale of Prepared explosivesPresent Indian GST charges on Prepared explosives? Goods and Service Tax rate for Prepared explosives? GST duty payable on Prepared explosives?

This article enlightens you about the Prepared explosives


The rate of GST on Prepared explosives, other than propellant powders; such as Industrial explosives. Fixed by GST council at the introduction of GST in July, 2017 is 28%

 

Prepared explosives, other than propellant powders; such as Industrial explosives. falls under GST HSN code number 3602

 

 

We already know that the GST slabs are pegged at 5%, 12%, 18% & 28%. under GST- 5 percent for essential goods, standard rate of 12 and 18 percent, high rate of 28 percent and peak rate of 28 percent plus cess for luxury items. The most essential goods and services attract nil rate of GST under Exempted Categories


This details about GST rate tariff on Prepared explosives is only for information. The validity of above information and amendments about GST rate on Prepared explosives may be verified before any business dealing.


I hope, this article can enlighten you on basic idea on GST amount of rate on Prepared explosives. You can express your views on GST taxable rate on Prepared explosives Share your views about GST impact on Prepared explosives business industry.

 

 

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