GST scheduled rate on purchase or sale of Iodine
What is the present GST rate tariff on Iodine? How much GST tax payable on Iodine? Present Indian GST charges on Iodine?
This article enlightens you about the Iodine.
The rate of GST on Iodine fixed by GST council at the introduction of GST in July, 2017 is 12%
Iodine falls under GST HSN code number 2801 20.
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
This detail about GST rate tariff on Iodine is only for information. The validity of above information and amendments about GST rate on Iodine may be verified before any business dealing.
Would you like to discuss about this information Iodine. Have you satisfied with this article about Iodine? Share your views about GST impact on Iodine business industry.
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