GST scheduled rate on Motor vehicles for the transport of ten or more persons
What is the present GST rate tariff on Motor vehicles for the transport of ten or more persons? How much GST tax payable on Motor vehicles for the transport of ten or more persons? Goods and Service Tax rate for Motor vehicles for the transport of ten or more persons? GST duty payable on Motor vehicles for the transport of ten or more persons?
Here let us discuss about GST rate tariff fon Motor vehicles for the transport of ten or more persons.
GST Council decide 4 main GST Rates Slabs for India. Now GST Rates are finalised i.e GST Rates in India is 5%, 12%, 18% & 28%. 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 rate of GST on Motor vehicles for the transport of ten or more persons, including the driver. fixed by GST council at the introduction of GST in July, 2017 is 28%
Motor vehicles for the transport of ten or more persons falls under GST HSN chapter 8702
This details about GST rate tariff on Motor vehicles for the transport of ten or more persons is only for information. The validity of above information and amendments about GST rate on Motor vehicles for the transport of ten or more persons may be verified before any business dealing.
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