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GST levied rate on purchase or sale of Fish Fats and oils and their fractions and Oils and fats of marine mammals
How much GST tax payable on Fish Fats and oils and their fractions and Oils and fats of marine mammals? Goods and Service Tax rate for Fish Fats and oils and their fractions and Oils and fats of marine mammals ? GST duty payable on Fish Fats and oils and their fractions and Oils and fats of marine mammals?
The below information details about GST rate tariff on Fish Fats and oils and their fractions and Oils and fats of marine mammals
The rate of GST on Fats and oils and their fractions, of fish or marine mammals, whether or not refined, but not chemically modified fixed by GST council at the introduction of GST in July, 2017 is 12%
Fish Fats and oils and their fractions and Oils and fats of marine mammals falls under GST HSN code number 1504
The GST Council has broadly approved the GST rates for goods at nil rate, 5%, 12%, 18% and 28% to be levied on certain goods. 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 Fish Fats and oils and their fractions and Oils and fats of marine mammals is only for information.The validity of above information and amendments about GST rate on Fish Fats and oils and their fractions and Oils and fats of marine mammals may be verified before any business dealing.
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