GST slab rate on Presses and crushers business

GST scheduled rate on sale or purchase of Presses and crushers


How much GST tax payable on Presses and crushers? Present Indian GST charges on Presses and crushers? Goods and Service Taxrate for Bicycles?

GST scheduled rate on sale or purchase of Presses and crushers


This information is about GST rate tariff on Presses and crushers.


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.


The rate of GST on Presses and crushers and similar machinery used in the manufacture of wine, cider, fruit juices or similar beverages 2017 is 18%



Presses and crushers under GST HSN code number 8435

 


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


Would you like to discuss about this information Bicycles. Have you satisfied with this article about Bicycles? Share your views about GST impact on Tractors business industry.

 

 

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