GST imposed rate on Transport of passengers by air in economy class business
What is the present GST rate tariff on Transport of passengers by air in economy class? Goods and Service Tax rate for Transport of passengers by air in economy class? GST duty payable on Transport of passengers by air in economy class?
The below information details about GST levied rate on Transport of passengers by air in economy class
We already know that the GST slabs are pegged at 5%, 12%, 18% & 28%. under GST- 5 percent for essential goods, standard rate of 12 and 18 percent, high rate of 28 percent and peak rate of 28 percent plus cess for luxury items. The most essential goods and services attract nil rate of GST under Exempted Categories
The rate of GST on Transport of passengers by air in economy class fixed by GST council at the introduction of GST in July, 2017 is 5% with ITC of input services
This detail about GST rate tariff on Transport of passengers by air in economy class is only for information.
The validity of above information and amendments about GST rate on Transport of passengers by air in economy class may be verified before any business dealing.
In this article, I have explained about Transport of passengers by air in economy class. Request you to share your GST experience in Transport of passengers by air in economy class business. You can also add more information about GST tax impact in Transport of passengers by air in economy class business. Share your views about GST impact on Transport of passengers by air in economy class business industry.
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