Rate of GST on Extracts and juices under HSN 1603 business

 

GST taxable rate on sale or purchase of Extracts and juices under HSN 1603


Rate of GST on Extracts and juices under HSN 1603 businessWhat is the present GST rate tariff on Extracts and juices under HSN 1603? How much GST tax payable on Extracts and juices under HSN 1603? What is the present Indian GST charges on Extracts and juices under HSN 1603?

Here let us discuss about GST taxable rate on Extracts and juices under HSN 1603



The rate of GST on Extracts and juices under HSN 1603 fixed by GST council at the introduction of GST in July, 2017 is 12%

Extracts and juices falls under GST HSN code 1603

GST rate on extracts and juices of meat 12%

GST rate on extracts and juices of fish. 12%

GST rate on extracts and juices of crustaceans. 12%

GST rate on extracts and juices of molluscs. 12%

GST rate on extracts and juices of other aquatic invertebrates. 12%

Extracts and juices of meat, fish or crustaceans, molluscs or other aquatic invertebrates.

12%

 



We already know that the GST slabs are pegged at 5%, 12%, 18% & 28%. under GST- 5 percent for essential goods, standard rate of 12 and 18 percent, high rate of 28 percent and peak rate of 28 percent plus cess for luxury items. The most essential goods and services attract nil rate of GST under Exempted Categories

This details about GST rate tariff on Extracts and juices under HSN 1603 is only for information. The validity of above information and amendments about GST rate on Extracts and juices under HSN 1603 may be verified before any business dealing.

I hope, this article can enlighten you on basic idea on GST taxable rate on Extracts and juices under HSN 1603. You can express your views on GST taxable rate on Extracts and juices under HSN 1603.Share your views about GST impact on Extracts and juices under HSN 1603 business industry.

 

 

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