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Gst on iron and steel.
Building code zanesville. The proposed gst shall improve the ease of doing business in india and reducing tax burden by eliminating or integrating many of the tax codes. Gst is set to roll out from 1st july 2017 in india completely overhauling the indirect tax regime. Apart from that a mix of materials like cement steel roofing sheets and others can be used to minimise higher gst input cost on the housing sector.
The hsn codes are listed from 6801 to 6815. Check the following gst rate table. For example the gst rate varies from 5 to 28 on bricks marbles tiles.
The author is partner bgjc associates llp. All types of super sulphate slag aluminous and portland cement whether coloured or clinkered attract a standard gst rate of 28 percent. Gst rates hsn codes for cement plaster building materials sand lime bricks or stone inlay work statues statuettes pedestals carved stone products chapter 68.
Also a person can take benefit of the reduced gst rate on steel. Check the following gst rates hsn code chart. Gst rate for construction and building materials.
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