GST percentage on purchase or sale of Copra

 

GST tariff rate on Copra

 

GST percentage on purchase or sale of Copra

What is the present GST rate tariff on Copra? How much GST tax payable on Copra? GST duty payable on Copra?

 

This article explains about the Copra.

 

The rate of GST on Copra fixed by GST council at the introduction of GST in July, 2017 is 5%

 

Copra falls under GST HSN 5%

 


 

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

 

Do you wish to add more information about GST rate tariff on Copra? Share your views about GST impact on Copra business industry.

 

 

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