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Disclaimer: Rates given above are updated up to the GST (Rate) notification no. 05/2020 dated 16th October 2020 to the best of our information. We have sourced the HSN code information from the master codes published on the NIC's GST e-Invoice system.
GST tax on Leasing or rental services with or without operator - 9973 SAC Code and GST rates and 6 digit code.
Answer : HSN code provides standardization and global acceptance of the goods. Under GST regime it is mandatory for all the business on which HSN system is applicable to get HSN code so as to levy the proper rate of taxes on them set by the concerned authorities in India.
GST Rate for HSN Code 9973: Leasing or rental services concerning transport equipments including containers, with or without operator
Showing Result for "9973" Find GST HSN Codes with Tax Rates. Here you can search HS Code of all products, we have curated list of available HS code with GST website. The procedure to find HS Code with tax rate is very simple.
Standard HSN codes apply to Customs and GST. Codes deducted from Customs tariffs are used for GST purposes. For tax purposes, the HS code is determined by subject (4 HS digits), sub-title (6 HS digits) and tax items (8 digits).
Search and Find HSN Codes, SAC codes & GST Rates of goods and services under GST in India. Under GST, tax slabs have been fixed at 0%, 5%, 12%, 18% and 28%
GST Tax Rate: 5%. Description: (v) Leasing of aircrafts by an operator for operating scheduled air transport service or scheduled air cargo service by way of transaction covered by clause (f) paragraph 5 of Schedule II of the Central Goods and Services Act, 2017. Explanation.-.
GST Tax Rate: 12% Description: (i) Temporary or permanent transfer or permitting the use or enjoyment of Intellectual Property (IP) right in respect of goods other than Information Technology software.
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