GST imposed rate on Fly ash blocks business
What is the present GST rate tariff on Fly ash blocks? How much GST tax payable on Fly ash blocks? What is the present GST rate on Fly ash blocks?
Here let us discuss about GST levied rate on Fly ash blocks
The GST Council has broadly approved the GST rates for goods at nil rate, 5%, 12%, 18% and 28% to be levied on certain goods. 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 rate of GST on Fly ash blocks fixed by GST council at the introduction of GST in July, 2017 is 12%
Note: Previously GST council fixed GST rate on Fly ash blocks as 28%, later reduced to 12% at the time of introduction of GST
Fly ash blocks falls under HSN chapter number HSN68
This details about GST rate tariff on Fly ash blocks is only for information. The validity of above information and amendments about GST rate on Fly ash blocks may be verified before any business dealing.
The above details explain about GST levied rate on Fly ash blocks. If you would like to express your views about GST levied rate on Fly ash blocks you may opine below.
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