GST on Knitting machines business

GST slab rate sale or purchase of Knitting machines


GST on Knitting machines businessGST duty payable on Knitting machines? How much GST tax payable on Knitting machines? What is the present GST rate tariff on Knitting machines?


This article explains about the Knitting machines.

The rate of GST on Knitting machines, stitch bonding machines and machines for making gimped yarn, tulle, lace, embroidery, trimmings, braid or net and machines for tufting fixed by GST council at the introduction of GST in July, 2017 is 18%



Knitting machines falls under GST HSN code 8447

 


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


In this article, I have explained about Knitting machines. Request you to share your GST experience in Knitting machines business. You can also add more information about GST tax impact in Knitting machines business. Share your views about GST impact on Knitting machines business industry.

 

 

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