GST slab rate on Tanned or dressed fur skins business

 

GST levied rate on purchase or sale of Tanned or dressed fur skins


GST slab rate on Tanned or dressed fur skins businessHow much GST tax payable on Tanned or dressed fur skins? Present Indian GST charges on Tanned or dressed fur skins? Goods and Service Tax rate for Tanned or dressed fur skins?

Here let us discuss about GST levied rate on Tanned or dressed fur skins



The rate of GST on Tanned or dressed fur skins (including heads, tails, paws and other pieces or cuttings), unassembled, or assembled (without the addition of other materials) other than those of heading 4303; such as Calf skins, with hair on, tanned or dressed, Hides or skins of other bovine and equine animals with hair on, tanned or dressed, etc. fixed by GST council at the introduction of GST in July, 2017 is 18%



Tanned or dressed fur skins falls under GST HSN code 4302

 

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.

This details about GST rate tariff on Tanned or dressed fur skins is only for information. The validity of above information and amendments about GST rate on Tanned or dressed fur skins may be verified before any business dealing.

 

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