GST imposed rate on purchase or sale of Children's picture
Present Indian GST charges on Children's picture? Goods and Service Tax rate for Children's picture? GST duty payable on Children's picture?
This article explains about the Children's picture.
We already know that the GST slabs are pegged at 5%, 12%, 18% & 28%. under GST- 5 percent for essential goods, standard rate of 12 and 18 percent, high rate of 28 percent and peak rate of 28 percent plus cess for luxury items. The most essential goods and services attract nil rate of GST under Exempted Categories.
The rate of GST on GST council decided GST rate at 12% on Children’s picture, drawing or colouring books, but later reduced GST rate at nil rate on Children's picture, drawing or colouring books fixed by GST council at the introduction of GST in July, 2017 is nil%
Children's picture falls under GST HSN code 4903
This details about GST rate tariff on Children's picture is only for information. The validity of above information and amendments about GST rate on Children's picture may be verified before any business dealing.
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