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%
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