Impact Of GST in TMT bar Prices in West Bengal and Tripura

1
Impact Of GST in TMT bar Prices in West Bengal
and Tripura
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TMT Bars are primary requirements of the
construction industry and are commonly utilized
in the manufacturing of machine parts. We can do
a contrast of the tax rates charged beneath the
current laws on TMT bar and the rates under GST.
Check TMT Bar Price - https//toptechtmt.com/tmt-m
rp-list/
3
Current tax laws on TMT bars in West Bengal and
Tripura
Excise Duty at the rate of 12.5 Average VAT at
the rate of 5 Central sales tax(CST) at the
rate of 2.
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GST rates on TMT bars in West Bengal and Tripura
Manufacturing and sale of all kinds of TMT bars
are charged at the rate of 18. Different rates
have been provided for different kind of TMT bars
.
5
TMT bar industry would initially have a higher
cost due to transition and increase in working
capital requirement but in the long run will be
beneficial in light of the expected reduction in
logistics and lower tax on inputs under GST.
6
You can check TMT bar Prices include GST for West
Bengal and Tripura at https//toptechtmt.com/tmt-m
rp-list/
Contact
TopTech TMT bars 46,B B GANGULY STREET, KOLKATA
700012 (033) 4003 5050 (033) 2236
6666/9999 info_at_technirman.com