GST scheduled rate on Building bricks business
What is the present GST rate tariff on Building bricks?How much GST tax payable on Building bricks? What is the present GST rate on Building bricks?
Here let us discuss about GST scheduled rate on Building bricks
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 Building bricks fixed by GST council at the introduction of GST in July, 2017 is 5%
Building bricks falls under HSN chapter number 6904 1000
This detail about GST rate tariff on Building bricks is only for information. The validity of above information and amendments about GST rate on Building bricks may be verified before any business dealing.
The above details explain about GST scheduled rate on Building bricks. If you would like to express your views about GST scheduled rate on Building bricks you may opine below.
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