GST slab rate on sale or purchase of Inner tubes of rubber
What is the present GST rate tariff on Inner tubes of rubber? How much GST tax payable on Rubber Erasers? Goods and Service Tax rate for Inner tubes of rubber?
This information is about GST rate tariff on Inner tubes of rubber
The rate of GST on Inner tubes of rubber [GST HSN chapter code 4013] [other than of a kind used on/in bicycles, cycle - rickshaws and three wheeled powered cycle rickshaws.] fixed by GST council at the introduction of GST in July, 2017 is 28%
Rubber Erasers falls under GST HSN 4013
Four main GST rate slabs framed with Essential goods and services, Standard goods and services and luxury goods and services with 5%, 12%, 18% and 28% respectively. 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 details about GST rate tariff on Inner tubes of rubber is only for information. The validity of above information and amendments about GST rate on Inner tubes of rubber may be verified before any business dealing.
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