No need to pay GST on Soya beans

Waived GST on sale of Palm nuts and kernels

No GST on sale of Mustard seeds

Zero rate of GST on purchase or sale of Melon seeds

Zero percentage GST on cotton seeds

Nil rate of GST on sale of Castor oil seeds

No need to pay GST on purchase of Ajams seeds

No need to pay GST on sale of Niger seed, Kokam

Waived GST on purchase of Mango kernel

Nil tariff GST on purchase of Seeds used for sowing

No GST on sale of fruit and spores, used for sowing

Exempted GST on purchase of fresh Hop cones

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Soya beans is exempted from paying GST

 

Is GST payable on Soya beans? What is the concessional rate of GST on Soya beans?  I am a soya beans buying and selling agent, should I need to pay GST?

 

GST tax on Soya beans under HSN chapter 1201



As per GST Law, there is no GST payable on Soya beans.  

So the rate of GST payable on Soya beans is nil rate.

 

The 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.

 

 

This information is about GST on Soya beans.  Would you like to add more information about GST rate tariff on Soya beans?  Share below your comments about Goods and Service Tax levied on sale or purchase of Soya beans.

 

The above details about GST rate tariff on Soya beans is only for information.

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

 

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No need to pay GST on Soya beans

Nil tariff GST on purchase of broken soya beans

No GST on sale of Poppy seeds

Zero percentage GST on Groundnuts, whether or not shelled or broken

Nil rate of GST on sale of Groundnuts, not roasted or otherwise cooked

Exempted GST on purchase of Linseed

Nil rate tariff GST on purchase of Rape or colza seeds

Zero rate of GST on Sunflower seeds

Nil rate tariff GST on purchase of Saffower or Carthamus tinctorius seeds


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