GST percentage on Passenger boarding bridges business
What is the present GST rate tariff on Passenger boarding bridges? How much GST tax payable on Passenger boarding bridges? Present Indian GST charges on Passenger boarding bridges?
Here let us discuss about GST taxable rate on Passenger boarding bridges
Four main GST rate slabs framed with Essential goods and services, Standard goods and services and luxury goods and services with 5%, 12%, 18% and 28% respectively. 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 Passenger boarding bridges of a kind used in airports [8479 71 00] and other places [8479 79 00].fixed by GST council at the introduction of GST in July, 2017 is 28%
Passenger boarding bridges of a kind used in airports [8479 71 00] and other places [8479 79 00].falls under GST HSN code number 8479
This detail about GST rate tariff on Passenger boarding bridges is only for information.
The validity of above information and amendments about GST rate on Passenger boarding bridges may be verified before any business dealing.
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