Trimmed GST payable rate on sale or purchase of Glasses for corrective spectacles and flint buttons
Is GST rate on Glasses for corrective spectacles and flint buttons reduced? What is the present GST rate tariff on Glasses for corrective spectacles and flint buttons? How much GST tax payable on Glasses for corrective spectacles and flint buttons?
This information helps to know more about Glasses for corrective spectacles and flint buttons on Glasses for corrective spectacles and flint buttons.
Glasses for corrective spectacles and flint buttons falls under GST HSN code chapter 7015. The GST rate fixed on Glasses for corrective spectacles and flint buttons by GST council on 18th May, 2017 was 18%. However, GST council reduced Trimmed GST payable rate on Glasses for corrective spectacles and flint buttons to12% as per GST council meet held on 11th June, 2017.
GST rate fixed on Glasses for corrective spectacles and flint buttons as per GST council meet on 18th May, 2017 is 18%
GST rate reduced on Glasses for corrective spectacles and flint buttons according to GST council meet held on 11th June, 2017 is 12%.
The above details about Trimmed GST payable rate on Glasses for corrective spectacles and flint buttons is only for information.
The validity of above information and amendments about Trimmed GST payable rate on Glasses for corrective spectacles and flint buttons may be verified before any business dealing.
Four main GST rate slabs framed with Essential goods and services, Standard goods and services and luxury goods and services with 5%, 12%, 18% and 28% respectively. 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.
The above details explain about Trimmed GST payable rate on Glasses for corrective spectacles and flint buttons. If you would like to express your views about Trimmed GST payable rate on Glasses for corrective spectacles and flint buttons you may opine below.
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