Minimized GST scheduled rate on Postage or revenue stamps

 

Trimmed rate of GST on Postage or revenue stamps  

Present Indian GST charges on Postage or revenue stamps, stamp-post marks, first-day covers, etc.? Goods and Service Tax rate for Postage or revenue stamps, stamp-post marks, first-day covers, etc.? GST duty payable on Postage or revenue stamps, stamp-post marks, first-day covers, etc.?

trimmed rate of GST on Postage or revenue stamps business

The below information details about trimmed rate of GST on Postage or revenue stamps, stamp-post marks, first-day covers, etc.

Postage or revenue stamps, stamp-post marks, first-day covers, etc. falls under GST HSN code chapter 9704. The GST rate fixed on Postage or revenue stamps, stamp-post marks, first-day covers, etc. by GST council on 18th May, 2017 was 12%. However, GST council Minimized GST scheduled rate on Postage or revenue stamps, stamp-post marks, first-day covers, etc. to 5% as per GST council meet held on 11th June, 2017.

GST rate fixed on Postage or revenue stamps, stamp-post marks, first-day covers, etc. as per GST council meet on 18th May, 2017 is 12%?

GST rate reduced on Postage or revenue stamps, stamp-post marks, first-day covers, etc. according to GST council meet held on 11th June, 2017 is 5%.

The above details about trimmed rate of GST on Postage or revenue stamps, stamp-post marks, first-day covers, etc. is only for information.

The validity of above information and amendments about trimmed rate of GST on Postage or revenue stamps, stamp-post marks, first-day covers, etc. 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.

This article explains about trimmed rate of GST on Postage or revenue stamps, stamp-post marks, first-day covers, etc.. Have you satisfied with this information on trimmed rate of GST on Postage or revenue stamps, stamp-post marks, first-day covers, etc.?

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