GST taxable rate on sale or purchase of Blankets and travelling rugs
GST charges on Blankets and travelling rugs? Goods and Service Tax rate for Blankets and travelling rugs? How much GST tax payable on Blankets and travelling rugs?
Here let us discuss about GST rate tariff on Blankets and travelling rugs
The GST 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.
The rate of GST on All goods of sale value exceeding Rs. 1000 per piece fixed by GST council at the introduction of GST in July, 2017 is 5%
Blankets and travelling rugs falls under GST HSN 6301
I hope, this article can enlighten you on basic idea on GST rate tariff on Blankets and travelling rugs. You can express your views on GST rate tariff on Blankets and travelling rugs.Share your views about GST impact on Blankets and travelling rugs business industry.
This details about GST rate tariff on Blankets and travelling rugs is only for information. The validity of above information and amendments about GST rate on Blankets and travelling rugs may be verified before any business dealing.
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