Rate of GST on Hand operated spanners and wrenches
Present Indian GST charges on Hand operated spanners and wrenches? Goods and Service Tax rate for Hand operated spanners and wrenches? GST duty payable on Hand operated spanners and wrenches?
This information is about GST slab rate on Hand operated spanners and wrenches
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 Hand operated spanners and wrenches (including torque meter wrenches but not including tap wrenches); interchangeable spanner sockets, with or without handles. Fixed by GST council at the introduction of GST in July, 2017 is 18%
Hand operated spanners and wrenches (including torque meter wrenches but not including tap wrenches); interchangeable spanner sockets, with or without handles. Falls under GST HSN code number 8204
This details about GST rate tariff on Hand operated spanners and wrenches is only for information. The validity of above information and amendments about GST rate on Hand operated spanners and wrenches may be verified before any business dealing.
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