Cut downGST imposed rate on purchase or sale of Muddhas
Is GST rate on Muddhas made of sarkanda and phoolbaharijhadoo reduced? What is the present GST rate tariff on Muddhas made of sarkanda and phoolbaharijhadoo? GST duty payable on Muddhas made of sarkanda and phoolbaharijhadoo?
Here let us discuss about cut downGST imposed rate on purchase or sale of Muddhas made of sarkanda and phoolbaharijhadoo
Muddhas made of sarkanda and phoolbaharijhadoo falls under GST HSN code chapter 960310. The GST rate fixed on Muddhas made of sarkanda and phoolbaharijhadoo by GST council on 18th May, 2017 was 5%. However, GST council trimmedGST payable rate on purchase or sale of Muddhas made of sarkanda and phoolbaharijhadooto 0% as per GST council meet held on 11th June, 2017.
GST rate fixed on Muddhas made of sarkanda and phoolbaharijhadooas per GST council meet on 18th May, 2017 is 5%
GST rate reduced on Muddhas made of sarkanda and phoolbaharijhadooaccording to GST council meet held on 11th June, 2017 is 0%.
The above details about cut downGST imposed rate on purchase or sale of Muddhas made of sarkanda and phoolbaharijhadoois only for information.
The validity of above information and amendments about cut downGST imposed rate on purchase or sale of Muddhas made of sarkanda and phoolbaharijhadoomay be verified before any business dealing.
The Council has broadly approved the GST rates for goods at nil rate, 5%, 12%, 18% and 28% to be levied on certain goods. According to GST slabs, the most essential goods and services fall under the exempt list while commonly used Goods and Services have been put in the lowest tax bracket of 5 per cent. Standard Goods and Services are in 12 per cent tax bracket, the government has kept a large number of items under 18% tax slab. only Special category of Goods and Services including luxury goods fall in the top tax bracket of 28 per cent. Luxury goods and services and certain specific goods and services attract additional cess than 28% GST.
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