GST rate for sale of Art Work, Antiques

 

 

GST tariff payable on sale of Antiques, Art work.

GST exemption items list, click here

GST rate for sale of Art Work, AntiquesArt work, antiques etc. Falls under HSN code chapter 97 of GST commodity tariff schedule.  The details about GST rate changes for sale of art work, antiques etc. Are being updated here.  The notification changes on exemptions for GST for sale of art work, antiques etc. And other circulars related to GST for Art Work, Antiques are updated in this website.

Reduced GST rates on 11 June 2017, click here for details

 

Update on 18th May, 2017: GST rates for goods

12% GST RATE:

All goods.

1. 9701 Paintings, drawings and pastels, executed entirely by hand, other than drawings of heading 4906 and other than handpainted or handdecorated manufactured articles; collages and similar decorative plaques.

GST rate on 21st July, 2018

9701                       Hand  paintings  drawings  and  pastels                          12 %

                              (incl Mysore  painting, Rajasthan                              

                              painting,  Tanjore  painting,  Palm  leaf painting, basoli etc)                                                 

2. 9702 Original engravings, prints and lithographs.

3. 9703 Original sculptures and statuary, in any material.

GST rate on 21st July, 2018

                                                                                              New rate

9703                   Original  sculptures  and  statuary,  in               12 %

                          metal, stone or any other material  

4. 9704 Postage or revenue stamps, stamp-postmarks, first-day covers, postal stationery (stamped paper), and the like, used or unused, other than those of heading 4907.

Reduced GST Rates on 11th June 2017

                                                                                               Earlier rate             new rate

 9704       Postage  or  revenue  stamps,  stamp-post              12%                       5%

                 marks, first-day covers, etc.

5. 9705 Collections and collectors' pieces of zoological, botanical, mineralogical, anatomical, historical, archaeological, palaeontological, ethnographic or numismatic interest.

Reduced GST Rates on 11th June 2017

                                                                 Earlier rate               new rate

9705            Numismatic coins                     12%                        5%

 

6. 9706 Antiques of an age exceeding one hundred years.

Goods and Service Tax (GST) rate tariff in India is designed in 6 categories of goods and services.  Four main GST rate slabs framed with Essential goods and services, Standard goods and services and luxury goods and services with 5%, 12%, 18% and 28% respectively.  Commonly used Goods and Services at 5%, Standard Goods and Services fall under 1st slab at 12%, Standard Goods and Services fall under 2nd Slab at 18% and Special category of Goods and Services including luxury - 28%.   The most essential goods and services attract nil rate of GST under Exempted Categories.     Luxury goods and services and certain specific goods and services   attract additional cess than 28% GST.

 

GST rate for sale of Art Work, Antiques

Rate of GST on sale or purchase of Painting and drawing

Trimmed rate of GST on Postage or revenue stamps

Scaled down GST percentage on Numismatic coins business

Reduced GST rates on 11 June 2017, click here for details

GST rate payable for goods or service, click here

Click here to know GST exemption list of goods and service

Find HSN number or Service tariff code for GST

GST registration guidelines

Indian GST Laws

How to export your goods?

How to get Export Order?

GST Registration Guidelines

Learn Imports and Exports business free of cost

Find HSN code of your product.

How to export goods from India?

GST rate for sale of Art Work, Antiques

Rate of GST on sale or purchase of Painting and drawing

Trimmed rate of GST on Postage or revenue stamps

Scaled down GST percentage on Numismatic coins business

GST rate for tramway rolling stock and parts, Vehicles other than railway

Rate of GST applicable for Aircraft and parts, spacecraft and parts

GST payable for sale of Boats, floating structures and ships

GST for Medical, Surgical, optical, photographic and cinematographic products

GST payable for Watches, clocks, watch parts and clock parts

Rate of GST payable for sale of Musical instruments, parts and accessories

 Section 2 of CGST Act 2017, definitions

Section 6 of CGST Act, 2017

Levy and collection of Taxes, Scope of supply, section 7 of CGST Act,2017

Power to grant exemption from tax, CGST Act,2017

Time of supply of goods,CGST Act,2017 

Change in rate of tax in respect of supply of goods or services

CGST Act, 2017, Apportionment of credit and blocked credits

Availability of credit in special circumstances, under .CGST Act

GST payment errors between GSTN and RBI

GST payments, claim of non delivery of service

Double payment error in GST tax payments

Payment of GST tax through fraudulent use

Issue of charge back in CC/DC Payment in GST payments

Challan Format of GST Tax payment

GST Tax payment, error in Total amount, How to solve?

GST Tax payment error in major head, how to solve?

GST Tax payment error in GSTIN

Challan Correction Mechanism under GST Tax payments

Recording by Tax Authorities on GST payments

Types of Insurance Documents.

How to make DA mode of payment safe

How to make delay in delivery of Shipment?

How to minimize import cargo clearance time? An open logic proposal to WTO

How to obtain a duplicate BL, if original bill of lading lost.

 How to obtain GSP - Certificate of Origin?

 How to obtain Phyto sanitary certificate. What is phytosanitary certification

How to obtain waiver on detention/ demurrage on imported goods/container from Shipping company/CFS

How to open an LC? Procedures to open a Letter of Credit

 

                                           

 

The above information about GST rate on commodities under HSN code mentioned above commonly clarifies on questions explained under:

Amount of GST tax on Painting articles

What is the GST rate on drawing articles?

How much GST on pastels articles?

GST tariff on Original engravings, prints and lithographs

Indian GST charges on Original sculptures and statuary in any material

GST duty on Original sculptures and statuary in metal

GST tax on Original sculptures and statuary, in stone

Goods and Service Tax rate on Postage or revenue stamps

Goods and Service Tax slab on Collections and collectors' pieces of zoological

GST rates for Cement, mica, asbestos and stone

Narrowed GST levied rate on sale or purchase of Fly ash blocks

GST percentage on sale or purchase of Curb stones and flagstones, of natural stone, Setts

GST slab rate on

Monumental or building stone business

GST amount of rate on sale or purchase of Slate and articles of slate or of agglomerated slate

GST slab rate on Millstones, grindstones, grinding wheels business

GST slab rate on purchase or sale of Abrasive powder or grain

GST payable rate on sale or purchase of Foamed slag, rock wool and similar mineral wools, Slag wool

GST amount of rate on sale or purchase of vegetable fibre panels, vegetable fibre boards, blocks

GST on sale or purchase of Asphalt articles

Minimized GST slab rate on sale or purchase of Pre cast Concrete Pipes

GST scheduled rate on purchase or sale of Articles of asbestos-cement, of cellulose fibre

GST taxable rate on sale or purchase of Carbon fibres, carbon fibre articles

GST levied rate on sale or purchase of Fly ash blocks

GST slab rate on purchase or sale of Articles of Cement, stone like tiles, flagstones, bricks and similar articles, Building blocks and bricks


Discussion Forum

You can also share your thoughts about this article.
Any one can answer on question posted by Readers