Government has changed GST Rates for Manufacturers from 2% to 1% vide Notification 1/2018

Hence, now GST Rates are similar for Traders and Manufacturers

Summary of Rates

Type of Business

TILL 31 DEC 2017

FROM 1 JAN 2018

Trader

1%

1%

Manufacturer

2%

2%  1%

Restaurant

5%

5%

  1. GST - Goods and Services Tax, India
  2. GST News & Updates
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CA Maninder Singh's photo - Expert in Practical Accounts, Taxation and Efiling
CA Maninder Singh
CA Maninder Singh is a Chartered Accountant for the past 8 years. He provides courses for Practical Accounts, Taxation and Efiling at teachoo.com .
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