how much tax on salt in india
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how much tax on salt in india
Explanation:
Salt attracts no GST
Is GST exempted on Salt, all types? As per GST Law, there is no GST payable on Salt, all types. So the rate of GST payable on Salt, all types is nil rate. The Goods and Services Tax (GST) will be levied at multiple rates ranging from 0 per cent to 28 per cent.
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Taxation of salt has occurred in India since the earliest times. However, this tax was greatly increased when the British East India Company began to establish its rule over provinces in India...When the Crown took over the administration of India from the Company in 1858, the taxes were not replaced.
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