2024 Gst rate on pencil

Gst rate on pencil

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August undefined, 2024

WebFeb 18, 2024 · Finance Minister Nirmala Sitharaman on Saturday announced that the GST Council has given its approval to clear Rs Rs 16,982 cr balance of GST compensation to states. Further, the GST on pencil sharpeners reduced to 12% from 18%. GST Council key outcomes: Tax on liquid jaggery reduced; entire GST compensation cess to be cleared WebPencils (including propelling or sliding pencils), crayons, pastels, drawing charcoals and tailors chalk: 6: 6: 12: None: None: 4421

GST Council accepted request to reduce tax slab on pencil, …

WebMar 3, 2024 · The goods and services tax rates for pencil sharpeners and rab has been lowered following the decisions taken at the GST Council meeting on February 18.The GST rate on pencil sharpeners has been ... WebMar 1, 2024 · As a sharpener attracted a rate of 18 per cent, the supply of pencil and sharpener together was liable for 18 per cent GST, AAR said, though pencil has a GST … leaderboard bmw today

GST- Sale of Pencils Sharpener - Logitax

WebJul 10, 2024 · Pencils (including propelling or sliding pencils), crayons, pastels, drawing charcoals and tailor’s chalk: 9608, 9609: 12%: Slate pencils and chalk sticks: 9609: NIL: … WebAug 3, 2024 · The GST rates are fixed under 5 slabs, NIL : Under this tax slab 0% tax is levied on the goods or services we use. 5 % : Under this tax slab 5% tax is levied on the goods and services we use. 12%: Under this tax slab 12% tax is levied on the goods and services we use. 18%: Under this tax slab 18% tax is levied on the goods and services … WebOct 19, 2024 · Only slate pencils, chalk, and slates are included in the list of stationery items that are exempt from GST. The following rates apply to GST taxation on any other … leaderboard boeing classic

GST Council Agrees To Cut GST on Pencil Sharpeners From 18

GST amount of rate on Fountain pens, stylograph pens and other pens

WebFeb 18, 2024 · The Council agreed to reduce the GST rate on pencil sharpeners from 18 per cent to 12 per cent. It has also decided to reduce GST rate on liquid jaggery from 18 per cent to nil or 5 per cent, and also cut tax rate on certain tracking devices. It has also rationalised the late fees on annual returns. WebMar 1, 2024 · A notification dated February 28 says the GST rate on pencil sharpeners will be 12 per cent from March 1. Earlier, it was 18 per cent. This issue became contentious after the Authority for... leaderboard bootstrapWebApr 17, 2024 · In re Shiva Writing Company Pvt. Ltd. (GST AAAR West Bengal) It is observed that the ‘tips and balls of ball point pens’ are essentially ‘parts of refills’ and the refills are parts of ball point pens. ‘Ball point pens’ are classified under Sub-heading no. 9608 10 attracting tax @ 12% while ‘Refills for ball […] leaderboard bmw 2021

"WebGST HS Code and rates for COLOUR PENCIL Serach GST hs code and tax rate Type HSN or item name Showing Result for " COLOUR PENCIL" Find GST HSN Codes with … " - Gst rate on pencil

Gst rate on pencil

FinMin notifies changes in GST rates for pencil sharpeners, jaggery …

WebJul 1, 2024 · Ball point pens - gst rates & hsn code 9608; Pencils - gst rates & hsn code 9609; Slates boards - gst rates & hsn code 9610; Date sealing stamps - gst rates & hsn code 9611; Typewriter - gst rates & hsn code 9612; Cigarette lighters - gst rates & hsn … WebMar 2, 2024 · The CBIC has issued notification to provide that pencil sharpeners shall be taxable at 12%. The rate on pencil sharpeners has been reduced from 18% to 12%. Also the rate on pre-packaged and labelled Rab shall be 5%. Recently, the GST Council has recommended a reduction in the rate of rab considering it a liquid form of jaggery.

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WebOct 23, 2024 · The government had recently said that beginning October 2024, all pens would be taxed at 18%. Now, all pens, including ballpoint, felt-tip, other porous tip pens, … WebFeb 18, 2024 · The Council agreed to reduce the GST rate on pencil sharpeners from 18 per cent to 12 per cent. It has also decided to reduce GST rate on liquid jaggery from 18 …

WebFind 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 … WebDescription. GST%. 680300. Worked slate and articles of slate or of agglomerated slate (excluding slate granules, chippings and powder, mosaic cubes and the like, slate …

WebJul 18, 2024 · Starting Monday, customers will have to shell out more money on household items, hotels, and bank services, among many other things, as the revised Good and Services Tax (GST) rates come into effect from July 18.

WebFeb 19, 2024 · Business Today Desk. Updated Feb 19, 2024, 2:08 PM IST. The Council agreed to reduce the GST rate on pencil sharpeners from 18 per cent to 12 per cent and also decided to reduce GST rate on liquid ...

WebDec 30, 2024 · The GST rate on Pencil sharpeners, Scale and Mathematical Instruments Set from 12% to 18% w.e.f. 18-07-2024. The aforesaid products are sold by the applicant … leaderboard bmw openWebMar 1, 2024 · As per the notification by the finance ministry, the GST on pencil sharpeners will be 12% from 1 March. Earlier, it used to be 18%. The GST rate on Rab (liquid … leaderboard bot jsWebJun 30, 2024 · Also, note that the tax rates have been increased to 18 per cent on products such as printing, writing or drawing ink; knives with cutting blades, paper knives and … leaderboard bootstrap templateWeb96091000 : Pencils (Other Than Pencils Of Heading 9608 ), Crayons, Pencil Leads, Pastels, Drawing Charcoals, Writing Or Drawing Chalks And Tailors' Chalks Pencils And … leaderboard bostonWebJan 5, 2024 · The rate of GST on Mathematical boxes, Pencils, crayons, geometry boxes and colour boxes, pencil sharpeners fixed by GST council at the introduction of GST in July, 2024 is 12% . The GST Council has … leaderboard branding llcWebAll HS Codes or HSN Codes for apsara pencil with GST Rates HSN Code 9609 Pencils, crayons, pencil leads, pastels, drawing charcoals, writing or drawing chalks and tailors' chalks (excluding articles of heading 9608) Get Fast Access to Cash without Collateral Instant Disbursal High Credit Limit Lowest Rates Paperless Transparent Get Quote leaderboard botWebAll HS Codes or HSN Codes for natraj pencil with GST Rates. HSN Code 9609. Pencils, crayons, pencil leads, pastels, drawing charcoals, writing or drawing chalks and tailors' chalks (excluding articles of heading 9608) HS Code Description GST% 96099020: OTHER PENCILS ,Products include: Natraj Pencil, Pen Pencil : 12%: leaderboard brawlhalla