RATE OF TAX ON SALE OF MEIS LICENCE AND CODE NO
SIR,
KINDLY PROVIDE US HSN CODE NO AND RATE OF TAX ON SALE OF MEIS LICENCE.
THANKS.
N R DESAI
Clarification on HSN Code and 18% GST Rate for Merchandise Exports from India Scheme (MEIS) Licenses A query was raised regarding the Harmonized System of Nomenclature (HSN) code and the applicable tax rate under the Goods and Services Tax (GST) for the sale of Merchandise Exports from India Scheme (MEIS) licenses. In response, one participant asked for clarification on the items exported under MEIS. Another participant provided the Service Accounting Code (SAC) as 998399 and stated that the applicable GST rate is 18%. (AI Summary)
Goods and Services Tax - GST