GST RATE ON MEIS LICENCE SALES

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What is the GST rate on supply of Incentive Licence issued by DGFT
Replies (17)

12% rate on sale of MEIS Licence

thanks

want to know the hsn code for the meis licence 

yes I want

HSN code as per answer to  FAQ by CBEC is 4907

N. Jain

group.blr @ gmail.com

can you share CBEC FAQ 

Please share your mail id. not able to attach the file here

Sir can we take input credit of GST. 

Yes you can 

Sir please share any press reliese/notification/FAQ regarding take GST inputs on MEIS Licence. 

Recently on 09.09.2017, GST council has reduced GST rate on MEIS from 12% to 5%

MR. CHINTAN, PLEASE SHARE LIST OF GOODS FOR CHANGE IN GST RATE RECOMMENDED BY GST COUNCIL IN ITS 21 AT MEETING HELD ON 9TH SEPTEMBER, 2017 OF REDUCE GST RATE 12% to 5% ON MEIS.
Originally posted by : NITIN KOTAK
What is the GST rate on supply of Incentive Licence issued by DGFT

Earlier the tax rate was 12% on MEIS Supply (sale). What is the current rate.

Currently, Nil rate of tax

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