Sir,
we are manufacturer of lubricating oil & grease currently in Excise chapter head no is 27101980 & 27101990 Respectively rate of Excise Duty is 14%
1. what will be SGST, CGST & IGST rate for our product and what will be billing structure.
2.01.07.2017 ONWARDS Commercial Invoice will countinue
Please Explain
Gorakhnath Kharade
9920200983
Lubricating Oil Manufacturer Seeks Clarification on Applicable GST Rates Under Chapter Heads 27101980 & 27101990 A manufacturer of lubricating oil and grease is seeking clarification on the Goods and Services Tax (GST) rates applicable to their products, which currently fall under Excise chapter head numbers 27101980 and 27101990 with a 14% Excise Duty. They are inquiring about the applicable State GST (SGST), Central GST (CGST), and Integrated GST (IGST) rates, as well as the billing structure effective from July 1, 2017. The inquiry was posted in a discussion forum for knowledge sharing. (AI Summary)