GST percentage on purchase or sale of Harvesting machinery and threshing machinery

GST payable rate on Harvesting machinery and threshing machinery business


GST percentage on purchase or sale of Harvesting machinery and threshing machineryGoods and Service Tax rate for Harvesting machinery and threshing machinery business? GST duty payable on Harvesting machinery and threshing machinery business? What is the present GST rate tariff on Harvesting machinery and threshing machinery business?


This article enlightens you about the Harvesting machinery and threshing machinery business.


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 Harvesting or threshing machinery, including straw or fodder balers; grass or hay mowers; machines for cleaning, sorting or grading eggs, fruit or other agricultural produce, other than machinery of heading 8437 fixed by GST council at the introduction of GST in July, 2017 is 12%



Harvesting machinery and threshing machinery business falls under GST HSN code 8433

 


This details about GST rate tariff on Harvesting machinery and threshing machinery business is only for information. The validity of above information and amendments about GST rate on Harvesting machinery and threshing machinery business may be verified before any business dealing.


The above details explain about GST percentage on Harvesting machinery and threshing machinery business. If you would like to express your views about GST percentage on Harvesting machinery and threshing machinery business you may opine below. Share your views about GST impact on Harvesting machinery and threshing machinery business industry.

 

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GST percentage on purchase or sale of Harvesting machinery and threshing machinery

 

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