GST rate on sale or purchase of Turbo propellers, gas turbines and Turbo-jets.
How much GST tax payable on Turbo propellers, gas turbines and Turbo-jets? Present Indian GST charges on Turbo propellers, gas turbines and Turbo-jets ? GST duty payable on Turbo propellers, gas turbines and Turbo-jets ?
We already know that the GST slabs are pegged at 5%, 12%, 18% & 28%. under GST- 5 percent for essential goods, standard rate of 12 and 18 percent, high rate of 28 percent and peak rate of 28 percent plus cess for luxury items.The most essential goods and services attract nil rate of GST under Exempted Categories.
The rate of GST on Turbo-jets, turbo propellers and other gas turbines – turbojets fixed by GST council at the introduction of GST in July, 2017 is 18% .
Turbo propellers, gas turbines and Turbo-jets falls under GST HSN code number 8411
This details about GST rate tariff on Turbo propellers, gas turbines and Turbo-jets is only for information. The validity of above information and amendments about GST rate on Turbo propellers, gas turbines and Turbo-jets may be verified before any business dealing.
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