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TMI BlogClarification on issue of GST rate on alcohol based hand sanitizersX X X X Extracts X X X X X X X X Extracts X X X X ..... Clarification on issue of GST rate on alcohol based hand sanitizers - Goods and Services Tax - GST Dated:- 15-7-2020 - News - The issue of GST rate on alcohol based hand sanitizers has been repor ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ted in few sections of media. . It is stated that hand sanitizers attract GST at the rate of 18%. Sanitizers are disinfectants like soaps, anti-bacterial liquids, dettol etc which all att ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ract duty standard rate of 18% under the GST regime. The GST rates on various items are decided by the GST Council where the Central Government and all the state governments together deliberate an ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... d take decisions. It is further clarified that inputs for manufacture of hand sanitizers are chemicals packing material, input services, which also attract a GST rate of 18%. Reducing the GS ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... T rate on sanitizers and other similar items would lead to an inverted duty structure and put the domestic manufacturers at disadvantage vis-a-vis importers. Lower GST rates help imports by making th ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... em cheaper. This is against the nation s policy on Atmanirbhar Bharat. Consumers would also eventually not benefit from the lower GST rate if domestic manufacturing suffers on account of inverted duty ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... structure. - News - Press release - PIB Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax ..... X X X X Extracts X X X X X X X X Extracts X X X X
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