GST slab rate on sale or purchase of Ketchup & Sauces

 

 

GST scheduled rate on Ketchup & Sauces business

 

GST slab rate on sale or purchase of Ketchup and SaucesPresent Indian GST charges on Ketchup & Sauces? Goods and Service Tax rate for Ketchup & Sauces? GST duty payable on Ketchup & Sauces?

 

Here let us discuss about GST slab rate on Ketchup & Sauces


The rate of GST on Ketchup & Sauces [other than curry paste; mayonnaise and salad dressings; mixed condiments and mixed seasonings], Mustard sauces fixed by GST council at the introduction of GST in July, 2017 is 12%

 

Ketchup & Sauces [other than curry paste; mayonnaise and salad dressings; mixed condiments and mixed seasonings], Mustard sauces falls under GST HSN code number 2103

 

 

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.

 

This details about GST rate tariff on Ketchup & Sauces is only for information. The validity of above information and amendments about GST rate on Ketchup & Sauces may be verified before any business dealing.

 

The above details explain about GST slab rate on Ketchup & Sauces. If you would like to express your views about GST slab rate on Ketchup & Sauces you may opine below. Share your views about GST impact on Ketchup & Sauces business industry.

 

 

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Comments


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