Scaled down GST taxable rate on sale or purchase of Kites

Posted on 18 April 2023 Category : GST service code

Chopped GST payable rate on Kites business

Is GST rate on Kites reduced? What is the present GST rate tariff on Kites? How much GST tax payable on Kites?

This information helps to know more about Chopped GST payable rate on Kites.

Kites falls under GST HSN code chapter 4823. The GST rate fixed on Kites by GST council on 18^th May, 2017 was 12%. However, GST council Chopped GST payable rate on Kites to 5% as per GST council meet held on 11^th June, 2017.

GST rate fixed on Kites as per GST council meet on 18^th May, 2017 is 12%

GST rate reduced on Kites according to GST council meet held on 11^th June, 2017 is 5%.

The above details about Chopped GST payable rate on Kites is only for information.

The validity of above information and amendments about Chopped GST payable rate on Kites may be verified before any business dealing.

There are six GST tax slabs – 0, 5, 12, 18, 28, and 28 percent plus cess.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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