GST rate on Felt business
How much GST tax payable on Felt? Present Indian GST charges on Felt? GST duty payable on Felt?
Here let us discuss about GST rate tariff on Felt
GST Council decide 4 main GST Rates Slabs for India. Now GST Rates are finalised i.e GST Rates in India is 5%, 12%, 18% & 28%. 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.
The rate of GST on Felt, whether or not impregnated, coated, covered or laminated. Fixed by GST council at the introduction of GST in July, 2017 is 12%
Felt, whether or not impregnated, coated, covered or laminated. Falls under GST HSN code number 5602
This details about GST rate tariff on Felt is only for information. The validity of above information and amendments about GST rate on Felt may be verified before any business dealing.
Do you wish to add more information about GST rate tariff on Felt Share your views about GST impact on Felt business industry.
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