Zero percentage GST on sale of live bovine animals

 

Live bovine animals attracts no GST

 

Any GST concession on sale of live bovine animals? We buy and sell live bovine animals.  Should we need to pay GST? Is GST exempted on live bovine animals?

 

Goods and Service Tax on live bovine animals under HSN Chapter 0102

 

As per GST Law, there is no GST payable on live bovine animals.  

So the rate of GST payable on live bovine animals is nil rate.

 


 

The GST rates for goods were fixed at nil rate, 5%, 12%, 18% and 28% to be levied on certain goods by the GST Council. 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 about GST rate tariff on live bovine animal is only for information.

 

The validity of above information and amendments about GST rate on live bovine animals may be verified before any business dealing.

 

Click here to know GST rate on Goods and Services


GST Exemption list of goods and services

GST payable rate on Live horses

Exempted GST on purchase of Maps

Zero rate of GST on sale of live Mules

No GST payable on sale of live hinnies

No GST on sale of live asses

No need to pay GST on Live Poultry Ducks

Zero percentage GST on sale of live bovine animals

Zero percent GST on purchase of live swine

Nil rate on sale of Live sheep

Zero percentage GST on purchase of live goats

No need to pay GST on sale of Live Poultry

Zero rate of GST on sale of Live Poultry Turkeys

Nil rate tariff of GST on Live Poultry Geese

Zero rate of GST on sale of Live Mammals

Zero percentage of GST on sale of Live Insects

Nil rate of GST on sale of Live Birds

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