GST slab rate on sale or purchase of Beverages containing milk
What is the present GST rate tariff on Beverages containing milk? How much GST tax payable on Beverages containing milk? What is the present Indian GST charges on Beverages containing milk?
This article enlightens you about the Beverages containing milk.
The rate of GST on Beverages containing milk fixed by GST council at the introduction of GST in July, 2017 is 12%
Beverages containing milk falls under GST HSN code 2202
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 Beverages containing milk is only for information. The validity of above information and amendments about GST rate on Beverages containing milk may be verified before any business dealing.
The above details explain about GST on Beverages containing milk. If you would like to express your views about GST on Beverages containing milk you may opine below. Share your views about GST impact on Beverages containing milk business industry.
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