GST exemptions
Nil rate of GST on sale of Beverages containing milk
Beverages containing milk attracts no GST
Does my goods Beverages containing milk exempt from paying GST? What is the concessional rate of GST on Beverages containing milk pes? My business is purchase and sale of Beverages containing milk. Should I need to pay GST?
GST tax on Beverages containing milk under HSN chapter 2202
As per GST Law, there is no GST payable on Beverages containing milk.
So the rate of GST payable on Beverages containing milk is nil rate.
We already know that the GST slabs are pegged at 5%, 12%, 18% & 28%. under GST- 5 percent for essential goods, standard rate of 12 and 18 percent, high rate of 28 percent and peak rate of 28 percent plus cess for luxury items. The most essential goods and services attract nil rate of GST under Exempted Categories.
The above details about GST rate tariff on Beverages containing milk is only for information.
The validity of above information and amendments about GST rate on Beverages containing milk may be verified before any business dealing.