Lowered down GST rate on sale or purchase of Salt

Posted on 18 April 2023 Category : GST service code

Brought down GST amount of rate on Salt business

Is GST rate on Salt, all types reduced? What is the present GST rate tariff on Salt, all types? How much GST tax payable on Salt, all types

Here let us discuss about Brought down GST amount of rate on Salt, all types

Salt, all types falls under GST HSN code chapter 2501. The GST rate fixed on Salt, all types by GST council on 18^th May, 2017 was 5%. However, GST council Lowered GST amount of rate on Salt, all types to 0% as per GST council meet held on 11^th June, 2017.

GST rate fixed on Salt, all types as per GST council meet on 18^th May, 2017 is 5%

GST rate reduced on Salt, all types according to GST council meet held on 11^th June, 2017 is 0%.

The above details about Brought down GST amount of rate on Salt, all types is only for information.

The validity of above information and amendments about Brought down GST amount of rate on Salt, all types may be verified before any business dealing.

Under GST, all goods and services transacted in India are classified under the HSN code system or SAC Code system. Goods are classified under HSN Code and services are classified under SAC Code. Based on the HSN or SAC code, GST rates have been fixed in five slabs, namely NIL, 5%, 12%, 18% and 28%, with lower rates for essential items and the highest for luxury and de-merits goods that would also attract an additional cess.

I hope, this article can enlighten you on basic idea on Brought down GST amount of rate on Salt, all types. You can express your views on Brought down GST amount of rate on Salt, all types.

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