Minimized GST slab rate on sale or purchase of Toilet cases
Is GST rate on Toilet cases reduced? What is the present GST rate tariff on Toilet cases? How much GST tax payable on Toilet cases
The below information details about Minimized GST slab rate on Toilet cases
Toilet cases falls under GST HSN code chapter 4202 12 10. The GST rate fixed on Toilet cases by GST council on 18th May, 2017 was 28%. However, GST council Reduced GST on Toilet cases to 18% as per GST council meet held on 11th June, 2017.
GST rate fixed on Toilet cases as per GST council meet on 18th May, 2017 is 28%
GST rate reduced on Toilet cases according to GST council meet held on 11th June, 2017 is 18%.
The above details about Minimized GST slab rate on Toilet cases is only for information.
The validity of above information and amendments about Minimized GST slab rate on Toilet cases may be verified before any business dealing.
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 Council has broadly approved the GST rates for goods at nil rate, 5%, 12%, 18% and 28% to be levied on certain goods. According to GST slabs, the most essential goods and services fall under the exempt list while Commonly used Goods and Services have been put in the lowest tax bracket of 5 per cent. Standard Goods and Services are in 12 per cent tax bracket, the government has kept a large number of items under 18% tax slab. only Special category of Goods and Services including luxury goods fall in the top tax bracket of 28 per cent. Luxury goods and services and certain specific goods and services attract additional cess than 28% GST.
The above details explain about Minimized GST slab rate on Toilet cases. If you would like to express your views about Minimized GST slab rate on Toilet cases you may opine below.
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