Menu
Composition rate for brick manufacturers
what is the tax rate for brick manufacturers?
Replies (4)
Bricks of fossil meals or similar siliceous earths; Fly ash bricks or fly ash aggregate with 90 per cent. or more fly ash content; Fly ash blocks; Building bricks 5%
Sand lime bricks or Stone inlay work 12%
Others 18%
If you have opted for Composition Scheme U/s 10 of the CGST Act 2017, then the GST Rate applicable on brick manufacturer is 1% ( 0.5% CGST + 0.5% SGST ).
The great thing about this post is the quality of the information. I always like to read amazingly useful and quality content. Your article is amazing, thank you for sharing this article.
<a target='_blank' rel='nofollow' href="https://www.buildersmart.in/bricks-blocks">Buy Bricks & Blocks Online at Best price</a>
Whether RCM applicable for bricks purchased from composition scheme dealer
Recent Topic
- PF withdrawal and tax liability
- Sale of Goods or Services?
- ITR form query
- Credit against paud RCM on rent
- Dividend difference in 26AS, AIS, TIS
- 194JB INCOME
- Filing ITR3 where income under section 44AD with L
- What is superannuation fund
- GST Refund of input services under Inverted Duty S
- Dividend Reporting
Related Topics
CAclubindia
