No need pays GST on sale of hoof meal

Posted on 11 April 2023 Category : GST exemptions

Hoof meal attracts no GST

What is the concessional rate of GST on hoof meal? Any GST payable for sale of hoof meal? Should I need to pay GST on my product hoof meal?

GST tax on hoof meal under HSN chapter 0507

As per GST Law, there is no GST payable on hoof meal.

So the rate of GST payable on hoof meal 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 hoof meal is only for information.

The validity of above information and amendments about GST rate on hoof meal may be verified before any business dealing.

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