Reduced GST rate on Paints and varnishes

Minimized GST rates on Paints and varnishes

 

The GST tariff rate on goods under HSN Chapter 32 has been cut down as per GST council meet held on 21st July,2018.  The details of reduced GST rate on Paints and varnishes is as follows:

 

HSN number: 32

3208   Paints   and   varnishes (including enamels and lacquers) based on synthetic polymers or chemically modified natural polymers, dispersed or dissolved in a non-aqueous medium; solutions as defined in Note 4 to this Chapter

 

3209   Paints   and   varnishes (including enamels and lacquers) based on synthetic polymers or chemically modified natural polymers, dispersed or dissolved in an aqueous medium

 

3210   Other paints and varnishes (including enamels, lacquers and distempers); prepared water pigments of a kind used for finishing leather.

GST rate before 27th July, 2018: 28%

Reduced rate of GST w.e.f 27.07.2018: 18%

 

The above information is about reduced GST rate on Paints and varnishes.  If you would like to add more information about GST rates on Paints and varnishes, share below your thoughts:

 


Discussion Forum

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