GST scheduled rate on purchase or sale of Lard stearin, lard oil, oleo stearin, oleo-oil and tallow oil

GST taxable rate on Lard stearin, lard oil, oleo stearin, oleo-oil and tallow oil business

 

What is the present GST rate tariff on Lard stearin, lard oil, oleo stearin, oleo-oil and tallow oil ? How much GST tax payable on Lard stearin, lard oil, oleo stearin, oleo-oil and tallow oil ? Goods and Service Tax rate

for Lard stearin, lard oil, oleo stearin, oleo-oil and tallow oil ?

 

Here let us discuss about GST rate tariffon Lard stearin, lard oil, oleo stearin, oleo-oil and tallow oil

 

The rate of GST on Lard stearin, lard oil, oleo stearin, oleo-oil and tallow oil, not emulsified or mixed or otherwise prepared oil fixed by GST council at the introduction of GST in July, 2017 is 12%

 

Lard stearin, lard oil, oleo stearin, oleo-oil and tallow oil falls under GST HSN chapter code 1503

 

 

 

GST scheduled rate on purchase or sale of Lard stearin, lard oil, oleo stearin, oleo-oil and tallow oilGST 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 Lard stearin, lard oil, oleo stearin, oleo-oil and tallow oil is only for information. The validity of above information and amendments about GST rate on Lard stearin, lard oil, oleo stearin, oleo-oil and tallow oil may be verified before any business dealing.

 

Do you wish to add more information about GST rate tariff on Lard stearin, lard oil, oleo stearin, oleo-oil and tallow oil ? Share your views about GST impact on Lard stearin, lard oil, oleo stearin, oleo-oil and tallow oil business industry.

 

 

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