Rate of GST on purchase or sale of walking-sticks, umbrellas, tool handles.
What is the present GST rate tariff o walking-sticks, umbrellas, tool handles? How much GST tax payable on walking-sticks, umbrellas, tool handles? Goods and Service Tax rate for walking-sticks, umbrellas, tool handles?
The below information details about GST rate tariff on walking-sticks, umbrellas, tool handles
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.
The rate of GST on walking-sticks, umbrellas, tool handles fixed by GST council at the introduction of GST in July, 2017 is 12%
walking-sticks, umbrellas, tool handles falls under GST HSN code number 4404
This details about GST rate tariff on walking-sticks, umbrellas, tool handles is only for information. The validity of above information and amendments about GST rate on walking-sticks, umbrellas, tool handles may be verified before any business dealing.
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