GST rates
Trimmed GST payable rate on Bio gas
Chopped GST levied rate on sale or purchase of Bio gas
What is the present GST rate on Bio gas? How much GST payable on Bio gas? Goods and Service Tax rate for Bio gas?
The below information details about Chopped GST levied rate on Bio gas
Bio gas falls under GST HSN code chapter 27. The GST rate fixed on Bio gas by GST council on 18th May, 2017 was 12%. However, GST council Trimmed GST levied rate on Bio gas to 5% as per GST council meet held on 11th June, 2017.
GST rate fixed on Bio gas as per GST council meet on 18th May, 2017 is 12%
GST rate reduced on Bio gas according to GST council meet held on 11th June, 2017 is 5%.
The above details about Chopped GST levied rate on Bio gas is only for information.
The validity of above information and amendments about Chopped GST levied rate on Bio gas may be verified before any business dealing.
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.
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