Revised GST scheduled rate on purchase or sale of artificial plastic material Hand bags and shopping bags

 

Narrowed GST amount of rate on Hand bags and shopping bags of artificial plastic material business

 

What is the present GST rate on artificial plastic material Hand bags and shopping bags? Present Indian GST charges on shopping bags and Hand bags of artificial plastic material? Goods and Service Tax rate for Hand bags and shopping bags of artificial plastic material?

Narrowed GST amount of rate on Hand bags and shopping bags of artificial plastic material business

Here let us discuss about Narrowed GST amount of rate on artificial plastic material Hand bags and shopping bags.

Hand bags and shopping bags of artificial plastic material falls under GST HSN code chapter 4202. The GST rate fixed on Hand bags and shopping bags of artificial plastic material by GST council on 18th May, 2017 was 28%. However, GST council reduced Narrowed GST amount of rate on Hand bags and shopping bags of artificial plastic material to 18% as per GST council meet held on 11th June, 2017.

 

 

GST rate fixed on Hand bags and shopping bags of artificial plastic material as per GST council meet on 18th May, 2017 is 28%


GST rate reduced on Hand bags and shopping bags of artificial plastic material according to GST council meet held on 11th June, 2017 is 18%.

 

 

The above details about Narrowed GST amount of rate on Hand bags and shopping bags of artificial plastic material is only for information.


The validity of above information and amendments about Narrowed GST amount of rate on Hand bags and shopping bags of artificial plastic material may be verified before any business dealing.


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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