Payable GST on Fats of bovine animals, sheep or goats business
How much GST tax payable on Fats of bovine animals, sheep or goats ? Present Indian GST charges on Fats of bovine animals, sheep or goats ? Goods and Service Tax rate for Fats of bovine animals, sheep or goats ?
Here let us discuss about GST rate tariff on Fats of bovine animals, sheep or goats
The rate of GST on Fats of bovine animals, sheep or goats fixed by GST council at the introduction of GST in July, 2017 is 12%
Fats of bovine animals, sheep or goats falls under GST HSN code number 1502.
The GST Council has broadly approved the GST rates for goods at nil rate, 5%, 12%, 18% and 28% to be levied on certain goods. 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 Fats of bovine animals, sheep or goats is only for information. The validity of above information and amendments about GST rate on Fats of bovine animals, sheep or goats may be verified before any business dealing.
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