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Gst rate for school diary

AISWARYA V J (8 Points)

19 June 2019

is GST applicable on the purchase of school diary????

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3 Replies

Ajay Gupta (PRACTICING CHARTERED ACCOUNTANT) (196 Points)
Replied 19 June 2019

As per my view it should be NIL.

Reference:: Chapter 49, HSN Code - 4901

Kumar Sushank (General Manager - Finance) (1040 Points)
Replied 19 June 2019

Yes, GST will be applicable @ 12% with HSN Code 482010

Aarika (Finance Professional) (2860 Points)
Replied 27 July 2023

HSN Code: 48201090

Descripttion: Articles of stationery made of paper or paperboard, including registers, account books, note books, order books, receipt books, letter pads, memorandum pads, diaries, excise books, blotting pads, binders (loose-leaf or other), folders, file covers, manifold business forms, interleaved carbon sets, and other similar items.

Rate: 12%

Summary:

HSN code 48201090 covers various stationery items made of paper or paperboard.
These items include registers, account books, note books, order books, receipt books, letter pads, memorandum pads, and diaries.
It also includes excise books, blotting pads, binders (loose-leaf or other), folders, file covers, manifold business forms, interleaved carbon sets, and other stationery articles.
The applicable Goods and Services Tax (GST) rate for these items is 12%.