GST rate on Chain and parts thereof, of iron or steel

By | October 7, 2017
(Last Updated On: October 7, 2017)

Q : Chain and parts thereof, of iron or steel falling under 7315 20, 7315 81, 7315 82, 7315 89, 7315 90 [HS code 7315] attract 18% GST. What is GST rate on Chain and parts thereof, of iron or steel falling under 7315 11 00, 7315 20 and 7315 19 00?

Chain and parts thereof, of iron or steel falling under 7315 11 00, 7315 20 and 7315 19 00 attract 18% GST under the residual entry S.No. 453 of Schedule III of the notification prescribing GST rates.

 

Read 39 FAQ on GST Rates clarified by CBEC 29.09.2017

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About CA Satbir Singh

Chartered Accountant having 12+ years of Experience in Taxation , Finance and GST related matters and can be reached at Email : Taxheal@gmail.com

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