GST imposed rate on sale or purchase of Raw fur skins
Present Indian GST charges on Raw fur skins? Goods and Service Tax rate for Raw fur skins? GST duty payable on Raw fur skins?
The below information details about GST rate tariff on Raw fur skins
The rate of GST on Raw fur skins, including heads, tails, paws and other pieces or cuttings, suitable for furriers' use), other than raw hides and skins of heading GST HSN chapter code 4101, GST HSN chapter code 4102 or GST HSN chapter code 4103; of mink, of lamb, of fox, etc. fixed by GST council at the introduction of GST in July, 2017 is 18%
Raw fur skins falls under GST HSN code 4301
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
This details about GST rate tariff on Raw fur skins is only for information. The validity of above information and amendments about GST rate on Raw fur skins may be verified before any business dealing.
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