coir fibre attract nil rate of GST

No GST payable on sale of coir fibre

 

Is GST applicable on coir fibre?  My business is sale of coir fibre, should I need to pay GST on coir fibre? Is GST exempted on coir fibre?

coir fibre attract nil rate of GST

Goods and Service Tax on coir fibre under HSN Chapter 5305

 

As per GST Law, there is no GST payable on coir fibre.  

So the rate of GST payable on coir fibre is nil rate.

 

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 about GST rate tariff on coir fibre is only for information.

The validity of above information and amendments about GST rate on coir fibre may be verified before any business dealing.

 

 

GST Registration for Job workers in India

GST registration mechanism in India

Pre-registration of credit card necessary for GST payment in India

Is GST Registration required for a Job worker in India?

We have applied for GST registration, but not obtained registration certificate. Can we claim ITC in India?

Date of GST registration and date of eligibility to claim ITC

 

 

 

Rate of GST for woven fabrics of paper, Paper Yarn, other vegetable textile fibers etc.

coir fibre attract nil rate of GST

Nil rate tariff of GST on sale or purchase of Coconut

GST slab rate on vegetable fibres and yarns such as flax, true hemp, paper yarn


Comments


Udyudt: i'm manufacturing coir fibre and coir pith block , is there GST for these ?

Udyudt : i'm manufacturing coir fibre and coir pith block , is there GST for these ?

Discussion Forum

You can also share your thoughts about this article.
Any one can answer on question posted by Readers