GST payable rate on Parchment dressed leather business

 

GST tariff rate on purchase or sale of Parchment dressed leather

GST payable rate on Parchment dressed leather businessWhat is the present GST rate tariff on Parchment dressed leather? How much GST tax payable on Parchment dressed leather? GST duty payable on Parchment dressed leather?

Here let us discuss about GST rate tariff on Parchment dressed leather

The rate of GST on Leather further prepared after tanning or crusting, including parchment-dressed leather, of bovine (including buffalo) or equine animals, without hair on, whether or not split, other than leather of heading GST HSN chapter code 4114. GST HSN chapter code 4107 to GST HSN chapter code 4111 Blank in Tariff. fixed by GST council at the introduction of GST in July, 2017 is 12%

Parchment dressed leather falls under GST HSN 4107

 

 


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 Parchment dressed leather is only for information. The validity of above information and amendments about GST rate on Parchment dressed leather may be verified before any business dealing.

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