GST scheduled rate on purchase or sale of lifting machinery
Present Indian GST charges on lifting machinery? How much GST tax payable on lifting machinery? Goods and Service Tax rate for lifting machinery?
This article explains about the lifting machinery.
The rate of GST on Other lifting, handling, loading or unloading machinery (for example, lifts, escalators, conveyors, teleferics) fixed by GST council at the introduction of GST in July, 2017 is 28%
Lifting machinery falls under GST HSN code 8428
This details about GST rate tariff on lifting machinery is only for information. The validity of above information and amendments about GST rate on lifting machinery may be verified before any business dealing.
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