Narrowed GST payable rate on purchase or sale of Aluminium foil
Is GST rate on Aluminium foil reduced? What is the present GST rate tariff on Aluminium foil? How much GST tax payable on Aluminium foil?
This information helps to know more about Narrowed GST payable rate on Aluminium foil.
Aluminium foil falls under GST HSN code chapter 7607. The GST rate fixed on Aluminium foil by GST council on 18th May, 2017 was 28%. However, GST council Narrowed GST payable rate on Aluminium foil to 18% as per GST council meet held on 11th June, 2017.
GST rate fixed on Aluminium foil as per GST council meet on 18th May, 2017 is 28%
GST rate reduced on Aluminium foil according to GST council meet held on 11th June, 2017 is 18 %.
The above details about Narrowed GST payable rate on Aluminium foil is only for information.
The validity of above information and amendments about Narrowed GST payable rate on Aluminium foil 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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