Zero rate of GST on sale of Fresh Krill

 

Fresh Krill attracts no GST

 

What is the concessional rate of GST on fresh krill? Does fresh krill fall under GST exempted items? Should I need to pay GST on my product fresh krill?

Zero rate of GST on sale of Fresh Krill

GST tax on Fresh Krill under HSN chapter 0306

 

As per GST Law, there is no GST payable on Fresh Krill.  

So the rate of GST payable on Fresh Krill 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.   

 

 

The above details about GST rate tariff on Fresh Krill is only for information.

 

The validity of above information and amendments about GST rate on Fresh Krill 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 scheduled rate on Processed fish business

Nil rate of GST on sale of Foliage without flowers or flower buds

Nil rate of GST on sale of Fish seeds

Nil tariff of GST on sale of Prawns

Nil rate tariff of GST on sale of chilled fish

Zero rate of GST on sale of Fresh fish

Nil rate of GST on admission, exam fee by an educational institution

GST taxable rate on purchase or sale of Frozen Fish

Zero percentage of GST on sales of Fish fillets and other fish meat fresh or chilled

No need to pay of GST on sale of Fish fillets and other fish meat

GST taxable rate on Dried, salted fish fit for human consumption business

Waived GST on purchase of cooked barnacles

Zero rate of GST on sale of Fresh Krill

No need to pay GST on sale of plant dry root

Exempted of GST on sale of live woodlice

Nil rate of GST on sale of live lobster

No GST on sale of live barnacles

Zero rate of GST on sale of Fresh woodlice

How to export your goods?


Learn exports imports free of cost

 

 

 

How many copies of challans for GST tax payment?

How does Bank work on GST tax payment?

How to pay GST tax through Bank?

Cash, Cheques or DD payment under GST, Goods and Service Tax

OTC system in GST tax payments

GST tax payment through Bank counter


Discussion Forum

You can also share your thoughts about this article.
Any one can answer on question posted by Readers