timber wedges are exempted from paying GST
Do my goods timber wedges exempt from paying GST? What is the concessional rate of GST on timber wedges? Should I need to pay GST on my product timber wedges?
GST tax on timber wedges under HSN chapter 8201
As per GST Law, there is no GST payable on timber wedges.
So the rate of GST payable on timber wedges 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 timber wedges is only for information.
The validity of above information and amendments about GST rate on timber wedges may be verified before any business dealing.
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