Salsify attracts no GST
What is the concessional rate of GST on salsify? Any GST payable for sale of salsify? Should I need to pay GST on my product salsify?
GST tax on salsify under HSN chapter 0706
As per GST Law, there is no GST payable on salsify.
So the rate of GST payable on salsify 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. Commonly used Goods and Services at 5%, Standard Goods and Services fall under 1st slab at 12%, Standard Goods and Services fall under 2nd Slab at 18% and Special category of Goods and Services including luxury - 28%. The most essential goods and services attract nil rate of GST under Exempted Categories. Luxury goods and services and certain specific goods and services attract additional cess than 28% GST.
The above details about GST rate tariff on salsify is only for information.
The validity of above information and amendments about GST rate on salsify may be verified before any business dealing.
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