GST exemptions
No need to pay GST on purchase or sale of Neera
Neera is exempted from paying GST
What is the concessional rate of GST on Neera? No GST applicable for Neera? Should I need to pay GST on my product Neera?
GST tax on Neera under HSN chapter 2201
As per GST Law, there is no GST payable on Neera.
So the rate of GST payable Neera is nil rate.
There are six GST tax slabs – 0, 5, 12, 18, 28, and 28 percent plus cess. Commonly used Goods and Services at 5%, Standard Goods and Services fall under 1st slab at 12%, Standard Goods and Services fall under 2nd Slab at 18% and Special category of Goods and Services including luxury – 28%. The most essential goods and services attract nil rate of GST under Exempted Categories. Luxury goods and services and certain specific goods and services attract additional cess than 28% GST.
The above details about GST rate tariff on Neera is only for information.
The validity of above information and amendments about GST rate on Neera may be verified before any business dealing.