Nil rate tariff of GST on sale of tubers with high starch or inulin content

 

Tubers with high starch or inulin content is exempted from paying GST

 

Any GST concession on sale of tubers with high starch or inulin content, fresh, chilled? Does tubers with high starch or inulin content, fresh, chilled fall under GST exempted items?  Should I need to pay GST on my product tubers with high starch or inulin content, fresh, chilled?

Nil rate tariff of GST on sale of tubers with high starch or inulin content

GST tax on tubers with high starch or inulin content, fresh, chilled under HSN chapter 0714

 

As per GST Law, there is no GST payable on tubers with high starch or inulin content, fresh, chilled.  

So the rate of GST payable on tubers with high starch or inulin content, fresh, chilled is nil rate.

 

The GST Council has broadly approved the GST rates for goods at nil rate, 5%, 12%, 18% and 28% to be levied on certain goods. According to GST slabs, the most essential goods and services fall under the exempt list while Commonly used Goods and Services have been put in the lowest tax bracket of 5 per cent. Standard Goods and Services are in 12 per cent tax bracket, the government has kept a large number of items under 18% tax slab.  only Special category of Goods and Services including luxury goods fall in the top tax bracket of 28 per cent. Luxury goods and services and certain specific goods and services   attract additional cess than 28% GST.

 

The above details about GST rate tariff on tubers with high starch or inulin content, fresh, chilled is only for information.

 

The validity of above information and amendments about GST rate on tubers with high starch or inulin content, fresh, chilled may be verified before any business dealing.

 

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