what is gst rate on water usage in factory for production purpose. .
gst on water
pawan singhal
GST on industrial water use attracts standard rate under HSN classification, applicable to production inputs. Water supplied for use as a production input in a factory is treated as a taxable supply and attracts the GST rate applicable to its commodity classification; the applicable rate is determined by its HSN classification (response referenced HSN 2201). (AI Summary)
TaxTMI
TaxTMI