Glass Bangles is exempted from paying GST
Does my goods Glass Bangles exempt from paying GST? Glass Bangles falls under GST exemption list? My business is purchase and sale of Glass Bangles. Should I need to pay GST on my product Glass Bangles?
GST tax on Glass Bangles under HSN chapter 7018
As per GST Law, there is no GST payable on Glass Bangles.
So the rate of GST payable on Glass Bangles is nil rate.
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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The above details about GST rate tariff on Glass Bangles is only for information.
The validity of above information and amendments about GST rate on Glass Bangles may be verified before any business dealing.
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