GST

GST Council Change GST rates of handicraft items in 28th meeting|| GST rates have been recommended to be brought down for specified handicraft items ||28th GST council meeting press release

GST rates have been recommended (BY THE GST COUNCIL IN ITS 28th MEETING) to be brought down for specified handicraft items [as per the definition of handicraft, as approved by the GST council] from,- 

GST rates reduction  18% to 12%:-

  • Handbags including pouches and purses; jewellery box
  • Wooden frames for painting, photographs, mirrors etc
  • Art ware of cork [including articles of sholapith]
  • Stone art ware, stone inlay work
  • Ornamental framed mirrors
  • Glass statues [other than those of crystal]
  • Glass art ware [ incl. pots, jars, votive, cask, cake cover, tulip bottle, vase ]
  • Art ware of iron
  • Art ware of brass, copper/ copper alloys, electro plated with nickel/silver
  • Aluminium art ware
  • Handcrafted lamps (including panchloga lamp)
  • Worked vegetable or mineral carving, articles thereof, articles of wax, of searing, of natural gums or natural resins or of modelling pastes etc, (including articles  of lac, shellac)
  • Ganjifa card

GST rates reduction  12% to 5%:-

  • Handmade carpets and other handmade textile floor coverings (including namda/gabba)
  • Handmade lace
  • Hand-woven tapestries
  • Hand-made braids and ornamental trimming in the piece
  • Toran

[gview file=”https://legaltaxguru.com/wp-content/uploads/2018/07/ON-GST-RATE-ON-GOODS-AS-RECOMMENDED-BY-THE-GST-COUNCIL-IN-ITS-28th-MEETING-HELD-ON-21.07.2018.pdf”]

Other Articles

We have published a new blog article on our website : Magazine on GST Update July-2018 || GST Monthly Journal of July-2018 (Online)||

You can view it from this link : https://www.legaltaxguru.com/product/magazine-on-gst-update-july-2018-gst-monthly-journal-of-july-2018-online/

28th GST council meeting press release

GST Council approved quarterly filing of return for the small taxpayers having turnover below Rs. 5 Cr 

जीएसटी में सक्षम अधिकारी के पास कर की वसूली के क्या तरीके उपलब्ध हैं?<?
सीजीएसटी अधिनियम के अंतर्गत संज्ञेय और गैर संज्ञेय अपराध क्या है ?

क्या जीएसटी कंपोजीशन स्कीम में पंजीकृत व्यापारी SEZ Unit और दूसरे राज्यों में माल सप्लाई कर सकते हैं ?

 

 

(Team) LTG Publication Private Limited

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