What is the tax rate for personal care product like soap, face wash etc.
No specific tax rate list is still released. A tax rate between range of 0 to 28% is mentioned by FM. Further, it is assumed that rate from 0-18% will be kept for goods used by mass consumption.
Expected date of release of product list with applicable tax.
[Cosmetic and Toilet articles- HSN Code:- 3301.29.17 talcum powder, shampoos (18%) ]. [For soaps:- HSN Code – 3401.19.41 (rate not prescribed)].