Minimized GST rate on Duty credit scrips

Diminished GST rates Duty credit scrips

 

The GST tariff rate on goods under HSN 4907 has been cut down as per GST council meet held on 06th October, 2017.  The details of reduced GST rate on Duty credit scrips is as follows:

 

 

HSN number:  4907

Duty credit scrips

GST rate before 06th October, 2017: 5%

Reduced rate of GST w.e.f 06.10. 2017: Nil

 

 

The above information is about reduced GST rate on Duty credit scrips.  If you would like to add more information about GST rates on Duty credit scrips, share below your thoughts:

 

 

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Comments


AMAL PAL: WHAT IS PRESENT GST RATE ON DUTY SCRIPS/ HSN CODE. 4907 ; IS THERE ANY NOTIFICATION CAME OUT KINDLY GIVE IT IN DETAIL.

S V Mallikarjun: This change has been brought into effect vide Notification No. 35/2017 - Central Tax (Rate) dated 13 October 2017

S N HASHMI: Whether common GST Credit will be reversed in the case of sale of Scrips

sanjiv kumar: If duty scrip sale to any other purchaser then this supply taxable or exempt if supply exempt then Input tax credit are to be reversal or not

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