Hsn/sac for ornament making charges

This query is : Resolved

Share Report Follow Query Ask a Query

Krishna

Krishna (Querist)
Follow

25 July 2017 gst .. hsn/sac of ornament making charges

CA R SEETHARAMAN

CA R SEETHARAMAN (Expert)
Follow

25 July 2017 SAC code 99889.....................,

Krishna

Krishna (Querist)
Follow

26 July 2017 but while registering ... sac code not accepted ... they accept only service tax accounting codes ...

Aashok Kumar Sharma

Aashok Kumar Sharma (Expert)
Follow

28 July 2024 For the making charges of ornaments, the Goods and Services Tax (GST) applies, and the Harmonized System of Nomenclature (HSN) code or Services Accounting Code (SAC) relevant to this can vary based on the specific services provided.

**1. HSN Code:**
- **For gold or silver jewelry making:** HSN code 7113 typically covers jewelry of precious metals. However, making charges may not have a specific HSN code and are generally part of the overall supply of the jewelry.

**2. SAC Code:**
- **For services related to ornament making:** The appropriate SAC code is likely 9997, which covers "Other services" not specifically classified elsewhere, and may apply to making charges for ornaments.

**GST Rate:**
- The GST rate on making charges for ornaments (jewelry) typically falls under the **3%** category. This rate is subject to change based on updates in tax laws, so it's always a good idea to consult the latest notifications or a tax professional for the most current information.

If you're involved in this kind of business or service, make sure to stay updated with GST notifications and clarifications from the tax authorities to ensure compliance.

You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

Summarize this with AI

ChatGPT Perplexity Claude Google AI Grok

Similar Resolved Queries

Unanswered Queries

Popular
Recent

Trending Online Classes

Direct Tax Laws & International Taxation May 26,Sept 26 & Jan 27

CA Arvind Tuli

Enroll Now
Audit Fast Track Recorded Batch For May 26,Sept 26 & Jan 27

CA Aarti Lahoti

Enroll Now
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English

CA Bhanwar Borana & CA Shubham Keswani

Enroll Now

view all classess

Meet our CAclubindia PRO Members

Jayesh Pipalwa

George Innocent

Mukund Thakur

arya yashu

Rajat Khandelwal

Subscribe Now

Hsn/sac for ornament making charges

Similar Resolved Queries

Trending Online Classes

Meet our CAclubindia PRO Members

Quick Links

Browse by Category

Latest Job Openings

CA Final

Manager- Finance and Compliance

Accountant

GST CONSULTANT

GST CONSULTANCY

Article Assistant