Minimized GST rate on Buses use in public transport

GST rate on Buses use in public transport

 

The GST tariff rate on goods under HSN 8702 has been Revised as per GST council meet held on 18th January, 2018.  The details of minimized GST rate on Buses use in public transport is as follows:

 

Latest GST rate on Buses use in public transport

 

HSN number: 8702    

Buses, for use in public transport, which exclusively run on bio-fuels.

GST rate before 18th January, 2018: 28%

Revised rate of GST w.e.f 18.01.2018: 18%     

 

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