GST imposed rate on purchase or sale of Chassis fitted with engines.
What is the present GST rate tariff on Chassis fitted with engines? How much GST tax payable on Chassis fitted with engines? Present Indian GST charges on Chassis fitted with engines? Goods and Service Tax rate for Chassis fitted with engines? GST duty payable on Chassis fitted with engines?
Here let us discuss about GST rate tariff on Chassis fitted with engines
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.
The rate of GST on Chassis fitted with engines, for the motor vehicles of headings 8701 to 8705 fixed by GST council at the introduction of GST in July, 2017 is 28%
Chassis fitted with engines falls under GST HSN code number 87
This details about GST rate tariff on Chassis fitted with engines is only for information. The validity of above information and amendments about GST rate on Chassis fitted with engines may be verified before any business dealing.
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