Reduced GST on Perforating or stapling machines, pencil sharpening machine

Minimized GST slab rate on sale or purchase of Perforating or stapling machines, pencil sharpening machine

 

Is GST rate on Perforating or stapling machines or staplers, pencil sharpening machine ? What is the present GST rate tariff on Perforating or stapling machines or staplers, pencil sharpening machine ? How much GST tax payable on Perforating or stapling machines or staplers, pencil sharpening machine ?

Minimized GST slab rate on sale or purchase of Perforating or stapling machines, pencil sharpening machine


The below information details about Minimized GST slab rate on sale or purchase of Perforating or stapling machines or staplers, pencil sharpening machine .


Perforating or stapling machines or staplers falls under GST HSN code chapter 8472. The GST rate fixed on Perforating or stapling machines or staplers pencil sharpening machine by GST council on 18th May, 2017 was 28%. However, GST council Reduced GST on Perforating or stapling machines or staplers pencil sharpening machine


The GST slab rate on Perforating or stapling machines or staplers pencil sharpening machine

to 18% as per GST council meet held on 11th June, 2017.

 


GST rate fixed on Perforating or stapling machines or pencil sharpening machine
as per GST council meet on 18th May, 2017 is 28%


GST rate reduced on Perforating or stapling machines or pencil sharpening machine
according to GST council meet held on 11th June, 2017 is 18%.

 

 


The above details about Minimized GST slab rate on sale or purchase of Perforating or stapling machines or staplers, pencil sharpening machine is only for information.


The validity of above information and amendments about Minimized GST slab rate on sale or purchase of Perforating or stapling machines or staplers, pencil sharpening machine may be verified before any business dealing.


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.


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