Marble Handicrafts Gst Rate

Building stone material like marble granite sand stone falls under the chapter 68 of hsn code.

Marble handicrafts gst rate.

However with the modi government now deciding to impose 12 per cent goods and services tax gst on agra s marble handicrafts the industry is worried that it will adversely affect its growth. 21 2018 central tax rate dated. Presently handicraft items are placed in the 12 18 per cent tax slab. Cbic notifies concessional cgst rate on specified handicraft items vide notification no.

Itc hs code description hs codes as in gst schedule description rates after 28th gst council meeting 1 33019031 attars of all kinds in fixed oil base 3301 esnl ols cncrts abslts rsnds extrtd. Marble inlay table tops. 26 th july 2018 with effect from 27th of july 2018 to give effect to recommendations of 28th gst council meeting which was held on 21 07 2018. Government of india ministry of finance department of revenue new delhi.

Jagdamba marble handicrafts is one of the most renowned manufacturers exporters and suppliers of a supreme quality range of stone handicrafts accessories since our inception in the year 1988 in our range we offer decorative eggs soapstone pill boxes marble inlay boxes carved stone vase sculptures vastu education towers and soapstone tea coasters. The issue was taken up at the gst council after the gram seva sangha which is. Gst is perhaps the biggest tax related reform in india since independence bringing uniformity in the taxation structure and eliminating the cascading of taxes that was levied in the past the gst council meets from time to time to revise the gst rates for various products. On thursday the goods and services tax gst council decided to bring 29 handicraft products under the 0 tax rate.

List of gst rates on building construction stones. Manufacturer of marble god statue marble handicrafts items radha krishna marble statue offered by moorti mahal from jaipur rajasthan india. For more work visit. The minister also said the provision of carrying e way bill when moving goods between states would be implemented from.

We are the leading manufacturer of marble handicrafts in jaipur. Gst rates on marble and granite. The government of india announced flat 18 gst rate on polished marble and granite slab o tiles today. The revised gst rates will be applicable from january 25.

Call 08048719069 45 response rate. Get in touch with us for best deals. Export promotion council for handicrafts export of handicrafts on 167 hs codes with gst rate sl. Under gst tax rates vary between 0 5 12 18 and 28.

India exports about rs 4 000 crore of handicrafts every year including handmade carpets.