GST scheduled rate on Products wholly made of quilted textile materials business
What is the present GST rate tariff on Products wholly made of quilted textile materials? How much GST tax payable on Products wholly made of quilted textile materials? What is the present GST rate on Products wholly made of quilted textile materials?
Here let us discuss about GST slab rate on Products wholly made of quilted textile materials
Under GST, all goods and services transacted in India are classified under the HSN code system or SAC Code system. Goods are classified under HSN Code and services are classified under SAC Code. Based on the HSN or SAC code, GST rates have been fixed in five slabs, namely NIL, 5%, 12%, 18% and 28%, with lower rates for essential items and the highest for luxury and de-merits goods that would also attract an additional cess.
The rate of GST on Products wholly made of quilted textile materials fixed by GST council at the introduction of GST in July, 2017 is 12%
Products wholly made of quilted textile materials falls under HSN chapter number 9404
This details about GST rate tariff on Products wholly made of quilted textile materials is only for information. The validity of above information and amendments about GST rate on Products wholly made of quilted textile materials may be verified before any business dealing.
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