Minimized GST rates on Parts of power driven pumps designed for water handling
The GST tariff rate on goods under HSN 84, 85 has been cut down as per GST council meet held on 06th October, 2017. The details of reduced GST rate on Parts of power driven pumps designed for water handling is as follows:
HSN numbers: 84, 85
Parts suitable for use solely or principally with power driven pumps primarily designed for handling water, namely, centrifugal pumps (horizontal and vertical), deep tube-well turbine pumps, submersible pumps, axial flow and mixed flow vertical pumps
GST rate before 06th October, 2017: 28%
Reduced rate of GST w.e.f 06.10. 2017: 18%
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