Cinematographic, instruments and apparatus, parts and accessories attracts no GST
Any GST payable for sale of cinematographic, instruments and apparatus parts and accessories? Does cinematographic, instruments and apparatus parts and accessories fall under GST exemption list? Should I need to pay GST on my product cinematographic, instruments and apparatus parts and accessories?
GST tax on cinematographic, instruments and apparatus parts and accessories under HSN chapter 90
As per GST Law, there is no GST payable on cinematographic, instruments and apparatus parts and accessories.
So the rate of GST payable on cinematographic, instruments and apparatus parts and accessories 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 cinematographic, instruments and apparatus parts and accessories is only for information.
The validity of above information and amendments about GST rate on cinematographic, instruments and apparatus parts and accessories may be verified before any business dealing.
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GST Exemption list of goods and services
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Waived GS on sale of medical instruments and apparatus
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