GST taxable rate on Ketones and quinines business

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GST imposed rate on purchase or sale of Ketones and quinines

How much GST tax payable on Ketenes and quinines? Present Indian GST charges on Ketenes and quinines? Goods and Service Tax rate for Ketenes and quinines?

This article explains about the Ketones and quinines.

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 Ketones and quinines, whether or not with other oxygen function, and their halogenated, sulphonated, nitrated or nitro sated derivatives. Fixed by GST council at the introduction of GST in July, 2017 is 18%

Ketones and quinines, whether or not with other oxygen function, and their halogenated, sulphonated, nitrated or nitro sated derivatives. Falls under GST HSN code number 2914

This detail about GST rate tariff on Ketones and quinines is only for information.

The validity of above information and amendments about GST rate on Ketones and quinines may be verified before any business dealing

The above details explain about GST taxable rate on Ketones and quinines. If you would like to express your views about GST taxable rate on Ketones and quinines you may opine below. Share your views about GST impact on Ketones and quinines business industry.

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