Lowered down GST rate on sale or purchase of Rear Tractor tyres and tubes
What is the present GST rate on Rear Tractor tyres and rear tractor tyre tubes? How much GST tax payable on Rear Tractor tyres and tubes? Goods and Service Tax rate for Rear Tractor tyres and tubes?
This information helps to know more about lowered down on Rear Tractor tyres and tubes.
Rear Tractor tyres and tubes falls under GST HSN code chapter 4011. The GST rate fixed on Rear Tractor tyres and tubes by GST council on 18th May, 2017 was 28%. However, GST council reduced the GST slab rate on Rear Tractor tyres and tubes to 18% as per GST council meet held on 11th June, 2017.
GST rate fixed on Rear Tractor tyres and tubes as per GST council meet on 18th May, 2017 is 28%
GST rate reduced on Rear Tractor tyres and tubes according to GST council meet held on 11th June, 2017 is 18%.
The above details about lowered down on Rear Tractor tyres and tubes is only for information.
The validity of above information and amendments about lowered down on Rear Tractor tyres and tubes may be verified before any business dealing.
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.
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