Indian National Flag is exempted from paying GST
What is the concessional rate of GST on Indian National Flag? No GST applicable for Indian National Flag? No GST applicable for Indian National Flag?
As per GST Law, there is no GST payable on Indian National Flag.
So the rate of GST payable on Indian National Flag is nil rate.
There are six GST tax slabs – 0, 5, 12, 18, 28, and 28 percent plus cess. 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 Indian National Flag is only for information.
The validity of above information and amendments about GST rate on Indian National Flag may be verified before any business dealing.
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No need to pay GST on purchase of Indian National Flag