No need to pay of GST on sale of axes

 

Axes is exempted from paying GST

 

Does my goods axes exempt from paying GST? What is the concessional rate of GST on axes? Should I need to pay GST on my product axes?

 

GST tax on axes under HSN chapter 8201

No need to pay of GST  on sale of axes


As per GST Law, there is no GST payable on axes.  

So the rate of GST payable on axes is nil rate.

 

Four main GST rate slabs framed with Essential goods and services, Standard goods and services and luxury goods and services with 5%, 12%, 18% and 28% respectively.  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 above details about GST rate tariff on axes  is only for information.

The validity of above information and amendments about GST rate on axes may be verified before any business dealing.

 

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