If you are a small or medium business owner or a startup founder in the glass container industry, you need to know about the GST rates and HSN code for containers of glass. This article will provide you with all the information you need to know about the GST rates and HSN code for containers of glass.
The GST rates for containers of glass vary depending on the type of container and its value. The GST rates for containers of glass are as follows:
1. Containers for packing of goods of a capacity not exceeding 2.5 litres - 5%
2. Other containers for packing of goods - 12%
The GST rates for containers of glass have been revised several times since the implementation of GST. It is important to stay updated with the latest rates to avoid any penalties or legal issues.
The HSN code for containers of glass is 7010. The HSN code is a six-digit code that is used to classify goods for GST purposes. The HSN code for containers of glass is used to determine the GST rates applicable to the glass containers.
It is important to use the correct HSN code when filing your GST returns to avoid any legal issues. The HSN code for containers of glass is 7010 and this code should be used when filing your GST returns.
Containers of glass are an important part of the packaging industry. It is important for small and medium business owners and startup founders in the glass container industry to know about the GST rates and HSN code for containers of glass. The GST rates for containers of glass are 5% for containers with a capacity not exceeding 2.5 litres and 12% for other containers. The HSN code for containers of glass is 7010 and should be used when filing your GST returns.
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