GST Rates

    Posted By : Ravi / Published on : 15-Sep-2017 05:27 AM / View : 315 / Comment : 1
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    What is the effect of GST on imported industrial item. like flow meter and flow switches, suppose these items are being imported from USA. provide the calculation if possible.
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    • Dear Sir,

      1. No tax (0%)

      No tax will be imposed on items like Jute, fresh meat, fish chicken, eggs, milk, butter milk, curd, natural honey, fresh fruits and vegetables etc.

      1. 5%

      Items such as footwear below Rs 500, cream, skimmed milk powder,  Cashew nut, Cashew nut in shell, Raisin, Ice and snow, Bio gas, Insulin, Agarbatti, Kites, Postage or revenue stamps, stamp-post marks, first-day covers, Branded food, walnuts, dried tamarind, roasted gram, Dhoop batti, Corduroy fabric, saree fal etc.

      1. 12%

      Apparel above Rs 1000, frozen meat products , butter, fruit juices, namkeen, Ayurvedic medicines, tooth powder, agarbatti, colouring books, picture books, umbrella, sewing machine, cellphones, Ketchup

      16-09-2017 / 06:12:56 PM

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