GST Rate & HSN Code for Balloons, Parachutes & Airlift Gear – Chapter 88
GST Rate & HSN Code for Balloons, Parachutes & Airlift Gear – Chapter 88. GST Rates & HSN Codes for Balloons, Parachutes & Airlift Gear – Drigibles, Gliders, Launching Gear and Others. Hello Friends GST Council Release GST E-Book which Contains GST Rates on various goods with HSN Code, here we provide Chapter Wise GST Rates for Easy Understanding. In this article we provide Chapter 88 GST Rates for Balloons, Parachutes & Airlift Gear etc Items..
The historic Goods and Services Tax (GST) regime would have already been rolled out, with effect from July 1st 2017. Our Prime Minister said recently on the GST preparedness that it is indeed a turning point in the country’s economy and unprecedented moment in the country’s history. The implementation of this biggest tax reform since independence in the spirit of One Nation, One Market, One Tax will benefit our national economy. Here you may find GST Rate & HSN Code for Balloons, Parachutes & Airlift Gear..
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GST Rate & HSN Code for Balloons, Parachutes & Airlift Gear
|HSN Code||Description||Rate (%)|
|8801||Balloons and dirigibles, gliders and other non-powered aircraft||18|
|8802||Other aircraft (for example, helicopters, aeroplanes), other than those for personal use.||5|
|8802||Aircrafts for personal use||28|
|8803||Parts of goods of heading 8801||NIL|
|8803||Parts of goods of heading 8802||5|
|8804||Parachutes (including dirigible parachutes and paragliders) and rotochutes; parts thereof and accessories thereto and parts thereof||18|
|8805||Aircraft launching gear, deck arrestor or similar gear; ground flying trainers and parts thereof||18|
|88026000||Spacecraft (including satellites) and suborbital and spacecraft launch vehicles||NIL|
Disclaimer : Rates given below are updated as per 23rd GST council meeting on 10th November 2017 to the best of our information. There may be variations due to Government’s latest updates. We are not responsible for any wrong information. Against each rate, please check the “Effective from” date. If you need to check a rate before “Effective from”, please check on government website.
GST Rates 2017 by item wise at One Place in PDF