GST slab rate on Knotted netting of twine, cordage or rope, made up fishing nets business
How much GST tax payable on Knotted netting of twine, cordage or rope, made up fishing nets? Present Indian GST charges on Knotted netting of twine, cordage or rope, made up fishing nets? Goods and Service Tax rate for Knotted netting of twine, cordage or rope, made up fishing nets?
Here let us discuss about GST rate tariffon Knotted netting of twine, cordage or rope, made up fishing nets
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 Knotted netting of twine, cordage or rope; made up fishing nets and other made up nets, of textile materials fixed by GST council at the introduction of GST in July, 2017 is 12%
Knotted netting of twine, cordage or rope, made up fishing nets falls under GST HSN code number 5608
This details about GST rate tariff on Knotted netting of twine, cordage or rope, made up fishing nets is only for information. The validity of above information and amendments about GST rate on Knotted netting of twine, cordage or rope, made up fishing nets may be verified before any business dealing.
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