GST levied rate on Anaesthetics business
What is the present GST rate tariff on Anaesthetics? How much GST tax payable on Anaesthetics? Present Indian GST charges on Anaesthetics?
The below information details about GST on Anaesthetics
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.
The rate of GST on Anaesthetics fixed by GST council at the introduction of GST in July, 2017 is 12%
Anaesthetics falls under GST HSN code number 28
This detail about GST rate tariff on Anaesthetics is only for information.
The validity of above information and amendments about GST rate on Anaesthetics may be verified before any business dealing.
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