Surgical instruments and apparatus, parts and accessories attracts no GST
My business is purchase and sale of surgical instruments and apparatus, parts and accessories. Should I need to pay GST in India on surgical instruments and apparatus, parts and accessories business? Is GST exempted on surgical instruments and apparatus parts and accessories?
GST tax on surgical instruments and apparatus parts and accessories under HSN chapter 90
As per GST Law, there is no GST payable on surgical instruments and apparatus parts and accessories.
So the rate of GST payable on surgical instruments and apparatus parts and accessories is nil rate.
The Goods and Services Tax (GST) will be levied at multiple rates ranging from 0 per cent to 28 per cent. GST Council finalised a four-tier GST tax structure of 5%, 12%, 18% and 28%, with lower rates for essential items and the highest for luxury and de-merits goods that would also attract an additional cess.
The above details about GST rate tariff on surgical instruments and apparatus parts and accessories is only for information.
The validity of above information and amendments about GST rate on surgical instruments and apparatus parts and accessories may be verified before any business dealing.
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