Revised GST scheduled rate on sale or purchase of Plastic beads
What is the present GST rate on Plastic beads? How much GST payable on Plastic beads? Goods and Service Tax rate for Plastic beads?
The below information details about Revised GST scheduled rate on Plastic beads
Plastic beads falls under GST HSN code chapter 3926. The GST rate fixed on Plastic beads by GST council on 18th May, 2017 was 28%. However, GST council Revised GST scheduled rate on Plastic beads to 12% as per GST council meet held on 11th June, 2017.
GST rate fixed on Plastic beads as per GST council meet on 18th May, 2017 is 28%
GST rate reduced on Plastic beads according to GST council meet held on 11th June, 2017 is 12%.
The above details about Revised GST scheduled rate on Plastic beads is only for information.
The validity of above information and amendments about Revised GST scheduled rate on sale or purchase of Plastic beads 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 Revised GST scheduled rate on Plastic beads. You can express your views on Revised GST scheduled rate on Plastic beads.
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