Gst rate on tyre

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August undefined, 2024

WebJan 30, 2024 · Tyres attract a GST of 28% whereas tyre tubes attract a GST of 18%. Tyre companies and dealers interpreted this to mean that GST on tyre tubes fitted into the tyre was to be calculated at 28% but tyre tubes by themselves would attract 18%. WebGST rate at 18% (comes under the category of small cars) GST cess at 1%; Total value: Rs.6,50,000 + Rs.1,23,500 = Rs.7,73,500 (B) Discounts in normal trade practice: If a dealer provides deduction in the sale price by way of discounts before or at the time of supply and shows such discount in the invoice, it is excluded from the value of supply ...

tyres HSN Code or HS Codes with GST Rate - Drip Capital

WebJan 6, 2024 · Different GST rates for different goods and services has been fixed by the GST council under seven slabs – 0%, 0.25%, 3%, 5%, 12%, 18% and 28%, which are mutable on government GST notifications on the demands of the economy. All goods and services are linked to Harmonized System Nomenclature (HSN) code on the basis of … WebReply—Retreaded or used pneumatic tyres of rubber; solid or cushion tyres, tyre treads and tyre flaps, of rubber is classified under HSN 4012 and taxable @18%. Waste, parings or scrap of rubber (other than hard rubber) is classified under HSN … nether ray mount

GST on Motor Cars and Light Motor Vehicles - ClearTax

WebGST% 401110: New pneumatic tyres, of rubber, of a kind used for motor cars, incl. station wagons and racing cars Products Include: Automotive Parts : 5%: 401120: New pneumatic tyres, of rubber, of a kind used for buses and lorries (excluding typres with lug, corner or similar treads) 5%: 401130: New pneumatic tyres, of rubber, of a kind used ... WebJul 1, 2024 · Disclaimer:Rates given above are updated up to the GST (Rate) notification no. 05/2024 dated 16th October 2024 to the best of our information.We have sourced the HSN code information from the master codes published on the NIC's GST e-Invoice system. There may be variations due to updates by the government. Kindly note that we are not … WebNew pneumatic tyres, of rubber, of a kind used for motorcycles. 5%. 401150. New pneumatic tyres, of rubber, of a kind used for bicycles. 5%. 401161. Pneumatic tyres, new, of rubber, having a "herring-bone" or similar tread, of a kind used on agricultural or forestry vehicles and machines. 5%. 401162. nether ray mount colors

What is the rate of used , old , damage and scrap tyre in gst with hsn

GST Rates 2024 - Complete List of Goods and Services Tax Slabs

WebAll HS Codes or HSN Codes for vehicle tyre with GST Rates HSN Code 4011 New pneumatic tyres, of rubber HSN Code 4012 Retreaded or used pneumatic tyres of rubber; solid or cushion tyres, tyre treads and tyre flaps, of rubber Products Include: Two Wheeler Tyres Get Fast Access to Cash without Collateral netherray mounts wow bcWebFind GST HSN Codes with Tax Rates . Here you can search HS Code of all products, we have curated list of available HS code with GST website. The procedure to find HS Code with tax rate is very simple. In above box you need to type discription of product/service or HS Code and a list of all products with codes and tax rates will be displayed. nether ray mount tbc classic

"WebNew pneumatic tyres, of rubber of a kind used on aircraft: 2.5%: 2.5%: 5% : I: 190: 4011, 4013: Pneumatic tyres or inner tubes, of rubber, of a kind used on / in bicycles, cycle -rickshaws and three wheeled powered cycle rickshaws: 2.5%: 2.5%: 5% : I: 191: 4016: Erasers: 2.5%: 2.5%: 5% : I: 191A: 4017 " - Gst rate on tyre

Gst rate on tyre

GST on Motor Cars and Light Motor Vehicles - ClearTax

WebApr 11, 2024 · MRF has scored 83.2 out of 100 in brand strength and was awarded an AAA- brand rating. The report also features MRF as the most valued Indian tyre brand which scored high in the sustainability perception value and is the only Indian tyre manufacturer to be featured in the top 10. WebThe GST rate for all products and services have been notified by the GST Council. GST rate for both goods and services has been fixed at five slabs, namely NIL, 5%, 12%, 18% and 28%. In this article, we look at the GST rate for rubber and rubber products in India. HSN Code for Rubber and Rubber Products

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WebThe GST Council has broadly approved the GST rates for goods at nil rate, 0.25%, 3%, 5%, 12%, 18% and 28% to be levied on certain goods. IGST rate published vide Notification No. 1/2024-Integrated Tax (Rate), G.S.R. 666 (E) dated 28.06.2024 and was last amended by 18/2024-Integrated Tax (Rate), G.S.R. 893 (E) dated 28.12.2024. WebBW Defence

WebJan 2, 2024 · And all the variants of Bolero are fitted with 215/75 R 15 tyres. Moreover, the SLE, SLX and ZLX variants of the regular Bolero come with wheel caps and grey/body coloured spare wheel cover. Whereas, the Bolero+ variants in the form of SLE, SLX and ZLX are furnished with silver wheel caps and grey/body coloured spare wheel cover. WebJan 5, 2024 · New pneumatic tyres, of rubber used in motor cars, buses or lorries, aircraft, motor cycles etc falls under GST HSN 4011 Four main GST rate slabs framed with Essential goods and services, Standard goods …

WebHSN Code 4004. Waste, parings and scrap of soft rubber and powders and granules obtained therefrom. HS Code. Description. GST%. 40040000. WASTE,PARINGS AND SCRAP OF RUBR (BESIDES HARDRUBR) AND PWDR 9 GRNLS OBTAINED THEREFROM ,Products include: Tyre Scrap, Scrap Tyre, Old Tyre Scrap. 5%. Webretreaded tyre used on motor cars(incl statation wagon/racing cars) 18%: 40121200: retreaded tyre used 0on buses/lorries : 18%: 40121300: retreaded tyre used on aircrafts : 18%: 40121910: retreaded tyre used for two wheelers : 18%: 40121990: retreaded tyre used in vehicle other than two wheeler/motor car/bus/lorry/aircraft : 18%: 40122010

WebNew pneumatic tyres, of rubber. HS Code. Description. GST%. 40112010. RADIALS TYRES USED ON BUSES/LORRIES ,Products include: Tyres And Tubes. 5%. 40115010. MULTICELLULR POLYURETHANE (MCP) TUBES TYRE USED ON BICYCLES ,Products include: Bike Tyre.

WebJan 1, 2024 · GST Tax Slab Rates List 2024: 5%, 12%, 18% and 28%. Taxes to be subsumed under GST are Excise Duty, Service Tax, Central Sales Tax, Surcharge & Fees, VAT, Taxes on Lottery, Luxury Tax, Entry Tax, Entertainment Tax (These are the parts of Central Tax & State Tax). Category wise products GST Rates List updated ( Click Here ). nether ray mount guideWebJan 16, 2024 · GST Rates on Rubber Products like Tyres and Tubes in India. GST, or Goods & Services Tax, was introduced in India on the 1st of July, 2024, as a one-in-all indirect tax system. At the time of the launch, GST was divided into the following six tax … GST council has fixed different GST rates for different products and service in … netherrack y levelWebJul 1, 2024 · New pneumatic tyres of rubber - gst rates & hsn code 4011; Retreaded used pneumatic tyres of rubber solid cushion treads flaps - gst rates & hsn code 4012; Inner tubes rubber - gst rates & hsn code 4013; Hygienic pharmaceutical vulcanised rubber - gst rates & hsn code 4014; Apparel clothing accessories - gst rates & hsn code 4015 nether ray mounts wowWebJan 29, 2024 · GST (Goods and Services Tax) is a single domestic indirect tax law that applies to the entire country. 12% GST on cars and other vehicles Tractors except road tractors for semi-trailers with engine … nether ray pet wowWebOct 28, 2024 · GST Rates & HSN Codes for Rubber And Related Articles - Reclaimed rubber in primary forms or in plates, sheets or strip, Natural rubber, balata, gutta-percha, guayule - Chapter 40 Toggle navigation Products File Your Return Upload Form 16 CA Assisted Tax Filing Tax Planning Optimiser Refund Status TDS Solution Plan Tax & File … nether ray mount wowWebJan 23, 2024 · GST rates on services comprising of 5%, 12%, 18% and 28% comes with various pros and cons for the consumers. However, government has exempted healthcare and educational services from the purview of the GST. The Goods and Services Tax council has passed the rate slabs at NIL, 5%, 12%, 18%, 28%. nether ray rep guideWebFeb 15, 2024 · GST on cars in India is applicable across multiple slab rates of 5%, 12%, 18% and 28%. The most relevant GST rate on cars is 28% that applies to motor vehicles including those for personal as well as commercial use. The lowest GST rate on vehicles of 5% applies to carriages for use by disabled people and related accessories. nether ray stinger