GST on Plywood business

 

GST imposed rate on purchase or sale of Plywood

 

GST on Plywood businessGST duty payable on Plywood, veneered panels and similar laminated wood? Present Indian GST charges on Plywood, veneered panels and similar laminated wood? Goods and Service Tax rate for Plywood, veneered panels and similar laminated wood?

 

The below information details about GST imposed rate on Plywood, veneered panels and similar laminated wood


The rate of GST on Plywood, veneered panels and similar laminated wood fixed by GST council at the introduction of GST in July, 2017 is 28%

 

Plywood falls under GST HSN code 4412


 

 

GST Council decide 4 main GST Rates Slabs for India. Now GST Rates are finalised i.e GST Rates in India is 5%, 12%, 18% & 28%. 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.

 

This details about GST rate tariff on Plywood, veneered panels and similar laminated wood is only for information. The validity of above information and amendments about GST rate on Plywood, veneered panels and similar laminated wood may be verified before any business dealing.

 

In this article, I have explained about Plywood, veneered panels and similar laminated wood. Request you to share your GST experience in Plywood, veneered panels and similar laminated wood business. You can also add more information about GST tax impact in Plywood, veneered panels and similar laminated wood business. Share your views about GST impact on Plywood, veneered panels and similar laminated wood business industry.

 

 

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Sayed : Import from Nepal plywood How much to pay duty plus gst please

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