The new GST regime, set for a July 1 rollout, currently places the two products under different categories with varying tax slabs of 12 percent for utensils and 18 percent for cutlery. Under the GST regime, services will be taxed under four rate slabs of 5 percent, 12 percent, 18 percent and 28 percent.
Similarly one may ask, how many GST is AC?
In this manner, what are 12 GST items?
12% GST Goods. Items with 12 Percent GST as on 01.10. 2021
| Heading/ Sub-heading | Description of Goods | IGST Rate |
|---|---|---|
| 0402 91 10, 0402 99 20 | Condensed milk | 12% |
| 405 | Butter and other fats (i.e. ghee, butter oil, etc.) and oils derived from milk; dairy spreads | 12% |
| 406 | Cheese | 12% |
| 801 | Brazil nuts, dried, whether or not shelled or peeled | 12% |
What is cement GST?
What is GST rate on scrap?
| HSN Code | Description | GST Rate |
|---|---|---|
| 7204 | Vehicle Scrap | 18% |
| 7204 | MS Scrap of all types | 18% |
| 7204 | Scrap US Rail | 18% |
| 7404 | Copper Waste Scrap | 18% |
What is HSN code?
HSN code stands for “Harmonized System of Nomenclature”. … HSN code is a 6-digit uniform code that classifies 5000+ products and is accepted worldwide. It was developed by the World Customs Organization (WCO) and it came into effect from 1988.
What is the GST on Aluminium scrap?
What is the GST on pressure cooker?
HSN Code 7323
| HS Code | Description | GST% |
|---|---|---|
| 73239310 | PRESSURE COOKERS Products Include: Induction Cooker, General Store | 18% |
What is the GST on steel utensils?
Kitchen utensils like stainless steel cookers, pans, spoons, ladles, etc. have become a little cheaper as they are charged at a GST rate of 12%.
What is the GST rate on Aluminium?
| HSN Code | Description | Rate (%) |
|---|---|---|
| 76069190 | ALUMINIUM PLATES, SHEETS AND STRIP, OF A THICKNESS EXCEEDING 0.2 MM – OTHER : OF ALUMINIUM, NOT ALLOYED : OTHER | 18% |
| 760692 | OF ALUMINIUM ALLOYS | 18% |
What is the HSN code for scrap?
GST Rate & HSN Code for Iron and steel – Chapter72
| HSN Code | Description | Effective Date |
|---|---|---|
| 72043000 | FERROUS WASTE AND SCRAP; REMELTING SCRAP INGOTS OF IRON OR STEEL – WASTE AND SCRAP OF TINNED IRON OR STEEL | 01/07/2017 |
Which all items have 12 GST?
GST Slab of 12%
Under this slab, products like cell phones, sewing machine, umbrella, jewelry box, along with processed foods like frozen meat, fruit juices, butter, cheese, ghee are covered. The services under this slab include business class flight tickets and movie tickets below ₹ 100.
Which items are in 28 GST slab?
01.10. 2021
| Heading/ Sub-heading | Description of Goods | IGST Rate |
|---|---|---|
| 2106 90 20 | Pan masala | 28% |
| 2202 10 | All goods [including aerated waters], containing added sugar or other sweetening matter or flavoured | 28% |
| 2202 99 90 | Caffeinated Beverages | 28% |
| 2401 | Unmanufactured tobacco; tobacco refuse [other than tobacco leaves] | 28% |