GST on sale or purchase of Aluminium Stranded wires and Aluminium cables
What is the present GST rate tariff on Aluminium Stranded wires and Aluminium Cables? How much GST tax payable on Aluminium Stranded wires and Aluminium cables? Present Indian GST charges on Aluminium Stranded wires and Aluminium cables?
The below information details about GST on Aluminium Stranded wires and Aluminium cables
Four main GST rate slabs framed with Essential goods and services, Standard goods and services and luxury goods and services with 5%, 12%, 18% and 28% respectively. 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.
The rate of GST on Stranded wires and cables fixed by GST council at the introduction of GST in July, 2017 is 18%
Stranded wires and cables falls under GST HSN code number 7614
This detail about GST rate tariff on Aluminium Stranded wires and Aluminium cables is only for information.
The validity of above information and amendments about GST rate on Aluminium Stranded wires and Aluminium cables may be verified before any business dealing.
Do you wish to add more information about GST on Aluminium Stranded wires and Aluminium cables? Share your views about GST impact on Aluminium Stranded wires and Aluminium cables business industry.
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