GST imposed rate on purchase or sale of Raw hides and skins of bovine animals, equine animals
GST charges on Raw hides and skins of bovine animals, equine animals? Goods and Service Tax rate for Raw hides and skins of bovine animals, equine animals? How much GST tax payable on Raw hides and skins of bovine animals, equine animals?
This article enlightens you about the Raw hides and skins of bovine animals, equine animals
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 Raw hides and skins of bovine (including buffalo) or equine animals (fresh, or salted, dried, limed, pickled or otherwise preserved, but not tanned, parchment dressed or further prepared), whether or not de haired or split. fixed by GST council at the introduction of GST in July, 2017 is 5%
Raw hides and skins of bovine animals, equine animals falls under GST HSN 4101
This details about GST rate tariff on Raw hides and skins of bovine animals, equine animals is only for information. The validity of above information and amendments about GST rate on Raw hides and skins of bovine animals, equine animals may be verified before any business dealing.
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