GST payable rate on Medicinal grade hydrogen peroxide business
How much GST tax payable on Medicinal grade hydrogen peroxide? Present Indian GST charges on Medicinal grade hydrogen peroxide? Goods and Service Tax rate for Medicinal grade hydrogen peroxide?
The below information details about GST slab rate on Medicinal grade hydrogen peroxide
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.
The rate of GST on Medicinal grade hydrogen peroxide fixed by GST council at the introduction of GST in July, 2017 is 12%
Medicinal grade hydrogen peroxide falls under GST HSN code number 2847
These details about GST rate tariff on Medicinal grade hydrogen peroxides only for information.
The validity of above information and amendments about GST rate on Medicinal grade hydrogen peroxide may be verified before any business dealing.
I hope, this article can enlighten you on basic idea on GST slab rate on Medicinal grade hydrogen peroxide. You can express your views on GST slab rate on Medicinal grade hydrogen peroxide. Share your views about GST impact on Medicinal grade hydrogen peroxide business industry.
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