WebAll HS Codes or HSN Codes for handicraft with GST Rates. HSN Code 4421. ... Description GST% 44219090 *ALL OTHER ARTICLES OF WOOD Products Include: Wooden Cutting Board, Candle Holder, Bamboo Sticks, Handmade Products, Bricks Manufacturing, Baby Cradle, Wooden Handicraft Items, Wooden Item, Wooden Basket, Stall Fabrication ... WebAug 9, 2024 · The Debates on GST and Handicrafts Originally, the GST council sorted most handicrafts into the 12 and 18% GST rate slabs . But after an outcry from industry representatives, the council reclassified many items. In particular, at the end of 2024, the council lowered the proposed GST on cane and bamboo furniture from 12 to 18%.
GST on Toys: Ambiguity and Solutions through Advance Ruling
Web950300. Tricycles scooters pedal cars and similar wheeled toys; dolls' carriages; dolls; other toys; reduced-size ("scale") models and similar recreational models working or not; puzzles of all kinds. 95030030. Of plastics. WebHS code is classified under chapter 95 (Toys, games and sports requisites; parts and accessories thereof) of ITC (Indian Tariff Code). Chapter 95 is classified under Section 20 … income tax life insurance beneficiary
GST Tariff Rates on Toys and Sports Goods in India
WebDec 23, 2024 · The ambiguous tax rates on different products Grab the information of revised GST slab rates on consumer products in India, Although GST council finalized the slab rates like 5%, 12%, 18% and 28% or on same products are making the industry in perplexing conditions. The local money lenders and middlemen are making money but … Web107 rows · Jul 1, 2024 · GST Rate & HSN Code for Toys, games and sports requisites; parts and accessories thereof - ... WebJul 5, 2024 · 4)Pet Toys – Pet toys like squeaky toys,tug balls (HSN code 95030090) will attract 12% GST ensuring 3% decrease. So,there won’t be much change in price of these products if not reduction. 5)Pet cages – Pet cages including aircraft carriers are subjected to 18% tax slab for GST as opposed to earlier 14.5%. income tax liability ny