GST amount of rate on purchase or sale of acyclic hydrocarbons
Present Indian GST charges on acyclic hydrocarbons? Goods and Service Tax rate for acyclic hydrocarbons? GST duty payable on acyclic hydrocarbons?
This information is about GST amount of rate on acyclic hydrocarbons.
The rate of GST on Acyclic hydrocarbons fixed by GST council at the introduction of GST in July, 2017 is 18%
Acyclic hydrocarbons falls under GST HSN code number 2901.
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 detail about GST rate tariff on acyclic hydrocarbons is only for information. The validity of above information and amendments about GST rate on acyclic hydrocarbons may be verified before any business dealing.
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