Instead of the old average vat rate of 12 5 the final goods manufactured by the. Gst rate for wood in chips sawdust or waste of wood is 5.
Gst rate for wooden furniture of a kind used in the kitchen.
Wooden sofa gst rate. Furniture of bamboo rattan and cane. Get gst rate and description for sac code 998724. Gst rate for furniture of plastics.
A rate of 12 gst is levied on any wooden furnishings and wooden decorates used as tableware or kitchenware besides that notified at 28 under gst. Rates given below are updated as per 31st gst council meeting held on 22nd december 2018 to the best of our information. Chapter heading sub heading tariff item description of goods 1.
Impact of gst rate on furniture manufacturers is unfavorable for the steel or iron furniture manufacturers wooden furniture would be taxed at a rate of 12. Gst rate for any wooden furniture and wooden decorates used as tableware or kitchenware except that notified 28 under gst is 12. Gst rate for other furniture and parts thereof including cane osier bamboo or similar materials.
Gst rate for cane furniture is 28. Against each rate please check the effective from date. P c agrawal retired as vp corporate co.
Gst rate for wooden furniture of a kind used in the bedroom. Gst rate for all wood wooden furniture wooden products and articles made of wood. What is gst rate on wooden sofa sets.
Dolls or other toys made of wood or metal or textile material incl wooden toys of sawantwadi channapatna toys thanj avur doll 6. There may be variations due to government s latest updates. Secretary of aurangabad electricals ltd in 2019 04 july 2017 p c agrawal.
Gst rate for other wooden furniture. A rate of 28 gst is levied on fibre wood plywood laminated wood and other materials bearing a resemblance of wood or being woody in. We are not responsible for any wrong information.
List of goods at nil rate the gst rate structure for goods have been notified. For convenience goods have been organised rate wise in schedules i to vii as per details given below. Updated on jan 05 2021 05 31 40 pm the tax rate on certain goods and services under gst was declared by the gst council in the meeting held on 18th may 2017.
Worked articles of ivory bone tortoise shell horn antlers coral mother of pearl seashell other animal carving. Majority of the wood and wooden furniture attract 12 or 18 or 28 gst. 0102 live bovine animals.
0101 live asses mules and hinnies 2. A rate of 18 gst is levied on wood tar vegetable pitch timber naphtha brewers pitch timber tar oils and similar preparations based on resin resin acids or on a vegetable pitch and wooden creosote is 18. Gst rate for firewood or wood charcoal is exempt.
Gst rate for fiber wood plywood laminated wood and other materials having an appearance of wood or being woody in nature is 28. Gst rate for wooden furniture of a kind used in the bedroom. Rate of gst on goods schedule i.
Sac code 998724 is for repair services of furniture.