GST scheduled rate on purchase or sale of Refrigerated motor vehicles
What is the present GST rate tariff on Refrigerated motor vehicles? How much GST tax payable on Refrigerated motor vehicles ? Goods and Service Tax rate for Refrigerated motor vehicles ?
Here let us discuss about GST rate tariff on Refrigerated motor vehicles .
GST Council decide 4 main GST Rates Slabs for India. Now GST Rates are finalised i.e GST Rates in India is 5%, 12%, 18% & 28%. 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 Refrigerated motor vehicles fixed by GST council at the introduction of GST in July, 2017 is 18% .
Refrigerated motor vehicles falls under GST HSN code number 8704.
This details about GST rate tariff on Refrigerated motor vehicles is only for information. The validity of above information and amendments about GST rate on Refrigerated motor vehicles may be verified before any business dealing.
This article explains about GST rate tariff on Refrigerated motor vehicles . Have you satisfied with this information on GST rate tariff on Refrigerated motor vehicles ? Share your views about GST impact on Refrigerated motor vehicles business industry.
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