GST payable rate on sale or purchase of Texturised vegetable proteins

GST taxable rate on Texturised vegetable proteins business


GST payable rate on sale or purchase of Texturised vegetable proteinsWhat is the present GST rate tariff on Texturised vegetable proteins? How much GST tax payable on Texturised vegetable proteins? Present Indian GST charges on Texturised vegetable proteins?


The below information details about GST payable rate on Texturised vegetable proteins



The rate of GST on Texturised vegetable proteins (Soya Bari) fixed by GST council at the introduction of GST in July, 2017 is 12%



Texturised vegetable proteins (Soya Bari) falls under GST HSN code number 2106


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 Texturised vegetable proteins is only for information. The validity of above information and amendments about GST rate on Texturised vegetable proteins may be verified before any business dealing.

 

This article explains about GST payable rate on Texturised vegetable proteins. Have you satisfied with this information on GST payable rate on Texturised vegetable proteins? Share your views about GST impact on Texturised vegetable proteins business industry.

 

 

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