Rate of GST on Narrow woven fabrics business
What is the present GST rate tariff on Narrow woven fabrics? How much GST tax payable on Narrow woven fabrics? Goods and Service Tax rate for Narrow woven fabrics? The below information details about GST rate tariff on Narrow woven fabrics.
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 Narrow woven fabrics, other than goods of heading 5807; narrow fabrics consisting of warp without weft assembled by means of an adhesive (bolducs) fixed by GST council at the introduction of GST in July, 2017 is 12% .
Narrow woven fabrics falls under GST HSN code number 5806
This details about GST rate tariff on Narrow woven fabrics is only for information. The validity of above information and amendments about GST rate on Narrow woven fabrics may be verified before any business dealing.
The above details explain about GST rate tariff on Narrow woven fabrics. If you would like to express your views about GST rate tariff on Narrow woven fabrics parts you may opine below. Share your views about GST impact on Narrow woven fabrics business industry.
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