Minimized GST rate on Lithium-ion batteries

Reduced GST rates on Lithium-ion batteries

 

The GST tariff rate on goods under HSN 8507 has been cut down as per GST council meet held on 09thSeptember, 2017.  The details of reduced GST rate on Lithium-ion batteries is as follows:

 

Latest GST rate on Lithium-ion batteries

 

HSN number: 8507 60 00

Lithium-ion Batteries

GST rate before 27th July, 2018: 28%

Reduced rate of GST w.e.f 27.07.2018: 18%

 

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