Narrowed GST levied rate on Bamboo furniture

Brought down GST imposed rate on Bamboo furniture

 

Is GST rate on Bamboo furniture reduced? What is the present GST rate tariff on Bamboo furniture? How much GST tax payable on Bamboo furniture?

Brought down GST imposed rate on Bamboo furniture

This information helps to know more about brought down GST imposed rate on Bamboo furniture.

Bamboo furniture falls under GST HSN code chapter 9403. The GST rate fixed on Bamboo furniture by GST council on 18th May, 2017 was 28%. However, GST council narrowed GST levied rate on Bamboo furniture to 18% as per GST council meet held on 11th June, 2017.

 


GST rate fixed on Bamboo furniture as per GST council meet on 18th May, 2017 is 28%


GST rate reduced on Bamboo furniture according to GST council meet held on 11th June, 2017 is 18%.

 

 

 

 

The above details about brought down GST imposed rate on Bamboo is only for information.


The validity of above information and amendments about brought down GST imposed rate on Bamboo furniture may be verified before any business dealing.


There are six GST tax slabs – 0, 5, 12, 18, 28, and 28 percent plus cess. 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 above details explain about brought down GST imposed rate on Bamboo furniture. If you would like to express your views about brought down GST imposed rate on Bamboo furniture you may opine below.

 

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