GST slab rate on sale or purchase of Solidified linseed oil
Posted on
20 April 2023 Category : GST rate ext-align: justify;">
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GST scheduled rate on purchase or sale of Solidified linseed oil
How much GST tax payable on Solidified linseed oil ? Present Indian GST charges on Solidified linseed oil ? GST duty payable on Solidified linseed oil ?
This information is aboutGST rate tariff on Solidified linseed oil.
The rate of GST on Margarine, Linoxyn [solidified linseed oil]; edible mixtures or preparations of animal or vegetable fats or oils or of fractions of different fats or oils of this Chapter, other than edible fats or oils or their fractions of heading GST HSN chapter code 1516 [GST HSN chapter code 1517]fixed by GST council at the introduction of GST in July, 2017 is 18%
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
This details about GST rate tariff on Solidified linseed oil is only for information.The validity of above information and amendments about GST rate on Solidified linseed oil may be verified before any business dealing.
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