Revised GST on sale or purchase of Instruments for measuring length

Lowered down GST amount of rate on sale or purchase of Instruments for measuring length

 

Present Indian GST charges on Instruments for measuring length? Goods and Service Tax rate for Instruments for measuring length? GST duty payable on Instruments for measuring length?

Lowered down GST amount of rate on sale or purchase of Instruments for measuring length


The below information details about lowered down GST amount of rate on sale or purchase of Instruments for measuring length.


Instruments for measuring length falls under GST HSN code chapter 9017. The GST rate fixed on Instruments for measuring length by GST council on 18th May, 2017 was 28%. However, GST council revised GST on sale or purchase of Instruments for measuring lengthto 18% as per GST council meet held on 11th June, 2017.

 

GST rate fixed on Instruments for measuring length, for use in the hand ( for examples, measuring rods and taps, micrometers, callipers) as per GST council meet on 18th May, 2017 is 28%


GST rate reduced on Instruments for measuring length ( for examples, measuring rods and taps, micrometers, callipers) according to GST council meet held on 11th June, 2017 is 18%.

 

 

 

The above details about lowered down GST amount of rate on sale or purchase of Instruments for measuring length is only for information.


The validity of above information and amendments about lowered down GST amount of rate on sale or purchase of Instruments for measuring length may be verified before any business dealing.


Under GST, all goods and services transacted in India are classified under the HSN code system or SAC Code system. Goods are classified under HSN Code and services are classified under SAC Code. Based on the HSN or SAC code, GST rates have been fixed in five slabs, namely NIL, 5%, 12%, 18% and 28%, with lower rates for essential items and the highest for luxury and de-merits goods that would also attract an additional cess.


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