GST slab rate on sale or purchase of Herb, bark, dry plant, dry root

GST scheduled rate on Herb, bark, dry plant, dry root business

 

GST slab rate on sale or purchase of Herb, bark, dry plant, dry rootHow much GST tax payable on Herb, bark, dry plant, dry root? Present Indian GST charges on Herb, bark, dry plant, dry root? Goods and Service Tax rate for Herb, bark, dry plant, dry root?

The below information details about GST scheduled rate on Herb, bark, dry plant, dry root

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 Herb, bark, dry plant, dry root, commonly known as jaribooti and dry flower fixed by GST council at the introduction of GST in July, 2017 is 5%

 


 

This detail about GST rate tariff on Herb, bark, dry plant, dry root is only for information. The validity of above information and amendments about GST rate on Herb, bark, dry plant, dry root may be verified before any business dealing.

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Comments


Zoya Zaib: Shoud i need to pay GST on sale or purchase of dry herbal root ?

AJAY DASHORE: WHAT IS RATE OF TAX IF I EXPORT HERBAL EXTRACTS IN DRY OR LIQUID FORM SUCH AS EXTRACT OF GUDMAR (Gymnema sylvestre ).

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