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Gst rate on oxygen cylinder
is reduced rate of gst from 18% to 5% applicable of oxygen cylinder or only for medical oxygen?
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Summary: For medical purposes, the GST rate on oxygen is 5%. For industrial applications, it is generally 18%. Because GST rates can be subject to specific product classifications and HSN codes, it is always recommended to verify the exact HSN code of the product being purchased or sold to ensure the correct tax application.
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