Minimized GST rate on Rear Tractor wheel rim and tractor parts business
Is GST rate on Rear Tractor wheel rim, tractor centre housing, tractor housing transmission, tractor support front axle reduced? What is the present GST rate tariff on Rear Tractor wheel rim, tractor centre housing, tractor housing transmission, tractor support front axle? How much GST tax payable on Rear Tractor wheel rim, tractor centre housing, tractor housing transmission, tractor support front axle?
Here let us discuss about GST taxable rate on Rear Tractor wheel rim, tractor centre housing, tractor housing transmission, tractor support front axle
Rear Tractor wheel rim, tractor centre housing, tractor housing transmission, tractor support front axle falls under GST HSN code chapter 8708.
The GST rate fixed on Rear Tractor wheel rim, tractor centre housing, tractor housing transmission, tractor support front axle by GST council on 18th May, 2017 was 28%. However, GST council Reduced the GST slab rate on Rear Tractor wheel rim, tractor centre housing, tractor housing transmission, tractor support front axle to 18% as per GST council meet held on 11th June, 2017.
GST rate fixed on Rear Tractor wheel rim, tractor centre housing, tractor housing transmission, tractor support front axle as per GST council meet on 18th May, 2017 is 28%
GST rate reduced on Rear Tractor wheel rim, tractor centre housing, tractor housing transmission, tractor support front axle according to GST council meet held on 11th June, 2017 is 18%.
The above details about GST taxable rate on Rear Tractor wheel rim, tractor centre housing, tractor housing transmission, tractor support front axle is only for information.
The validity of above information and amendments about GST taxable rate on Rear Tractor wheel rim, tractor centre housing, tractor housing transmission, tractor support front axle may be verified before any business dealing.
GST Council Decide 4 main GST Rates Slabs for India. Now GST Rates are finalised i.e GST Rates in India is 5%, 12%, 18% & 28%. 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.
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