Diminished GST amount of rate on Ball bearing, Roller Bearings, Parts and related accessories

Posted on 18 April 2023 Category : GST rates

Narrowed GST taxable rate on sale or purchase of Ball bearing, Roller Bearings, Parts and related accessories

What is the present GST rate on Ball bearing, Roller Bearings, Parts and related accessories? Is GST charges on Ball bearing, Roller Bearings, Parts & related accessories? Goods and Service Tax rate for Ball bearing, Roller Bearings, Parts & related accessories?

This information helps to know more about narrowed GST taxable rate on Ball bearing, Roller Bearings, Parts & related accessories.

Ball bearing, Roller Bearings, Parts & related accessories falls under GST HSN code chapter 8482. The GST rate fixed on Ball bearing, Roller Bearings, Parts & related accessories by GST council on 18^th May, 2017 was 28%. However, GST council diminished GST taxable rate on Ball bearing, Roller Bearings, Parts & related accessories to 18% as per GST council meet held on 11^th June, 2017.

GST rate fixed on Ball bearing, Roller Bearings, Parts & related accessories as per GST council meet on 18^th May, 2017 is 28%

GST rate reduced on Ball bearing, Roller Bearings, Parts & related accessories according to GST council meet held on 11^th June, 2017 is 18%.

The above details about narrowed GST taxable rate on Ball bearing, Roller Bearings, Parts & related accessories is only for information.

The validity of above information and amendments about narrowed GST taxable rate on Ball bearing, Roller Bearings, Parts & related accessories may be verified before any business dealing.

The Council has broadly approved the GST rates for goods at nil rate, 5%, 12%, 18% and 28% to be levied on certain goods. 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.

This article explains about narrowed GST taxable rate on Ball bearing, Roller Bearings, Parts & related accessories. Have you satisfied with this information on narrowed GST taxable rate on Ball bearing, Roller Bearings, Parts & related accessories?

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