GST Rate on Belt
5%
GST Rate
- Product
- Belt
- HSN/SAC Code
- 4203
- GST Rate
- 5%
- CGST
- 2.5%
- SGST
- 2.5%
- IGST
- 5%
- Category
- Leather
Example GST Calculation
| Taxable Value | ₹10,000 |
| GST @ 5% | ₹500 |
| ↳ CGST @ 2.5% | ₹250 |
| ↳ SGST @ 2.5% | ₹250 |
| Total | ₹10,500 |
Related HSN Codes
| HSN Code | Description | GST Rate |
|---|---|---|
| 4010 | Conveyor/transmission belts of vulcanised rubber | 18% |
| 4203 | Leather garments, gloves, belts | 5% |