GST payable rate on Milking machines and dairy machinery business
GST duty payable on Milking machines and dairy machinery? Present Indian GST charges on Milking machines and dairy machinery What is the present GST rate tariff on Milking machines and dairy machinery?
This article enlightens you about the Milking machines and dairy machinery.
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.
The rate of GST on Milking machines and dairy machinery fixed by GST council at the introduction of GST in July, 2017 is 12%
Milking machines and dairy machinery falls under GST HSN code 8434
This details about GST rate tariff on Milking machines and dairy machinery is only for information. The validity of above information and amendments about GST rate on Milking machines and dairy machinery may be verified before any business dealing.
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