GST slab rate on purchase or sale Erasers

Posted on 19 April 2023 Category : GST rate

Payable GST on Erasers

What is the present GST rate tariff on Erasers ? Goods and Service Tax rate for Erasers? GST duty payable on Erasers?

This article explains about the Erasers

The rate of GST on Erasers fixed by GST council at the introduction of GST in July, 2017 is 12%

Erasers falls under GST HSN code number 4016

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

This details about payable GST on Erasers is only for information. The validity of above information and amendments about GST rate on Travel sets for Erasers may be verified before any business dealing.

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