Indigenous handmade musical instruments is exempted from paying GST
Does my goods Indigenous handmade musical instruments exempt from paying GST? Indigenous handmade musical instruments falls under GST exemption list? I am a dealer of Indigenous handmade musical instruments. Should I need to pay GST?
GST tax on Indigenous handmade musical instruments under HSN chapter 92
As per GST Law, there is no GST payable on Indigenous handmade musical instruments.
So the rate of GST payable on Indigenous handmade musical instruments is nil rate.
Under GST, all goods and services transacted in India are classified under the HSN code system or SAC Code system. Goods are classified under HSN Code and services are classified under SAC Code. Based on the HSN or SAC code, GST rates have been fixed in five slabs, namely NIL, 5%, 12%, 18% and 28%, with lower rates for essential items and the highest for luxury and de-merits goods that would also attract an additional cess.
The above details about GST rate tariff on Indigenous handmade musical instruments is only for information.
The validity of above information and amendments about GST rate on Indigenous handmade musical instruments may be verified before any business dealing.
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