I am working as Senior Accountant in Exports company, we are doing the business in basmati rice, local selling & exporting the basmati rice, i want to know the gst is applicable are not, what is the % of gst on basmati rice if applicable.
Guest
Guest
(Expert)
15 April 2017
As of now the rate structure has not been approved but it is expected that there will be a four-tier GST tax structure of 5%, 12%, 18% and 28% .As far as your commodity is concerned the rate will be known only when government will specify the goods and services falling under various rates as mentioned above.
Querist :
Anonymous
Querist :
Anonymous
(Querist)
17 May 2017
Thank You very much Sir, I have one more query our company is selling the basmati rice in hyderabad local also, in 1Kg,2Kg & 5Kg Pack we are taken Bare code service from GS1 and every year we have to renew the GS1 Barcode Service, i want to know is TDS is Applicable on GS1 Barcode service, if it is then under which Section of tds and what is the percentage