hi, I want to know that what is the gst rate on used and new jute bags/sacks. hsn code 63051040 says that it is 5% and hsn code 63051050 says that it is 18% . if anyone know about this please clear my doubt. thank you🙏
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Quick Summary
This discussion clarifies the Goods and Services Tax (GST) rate applicable to jute bags and sacks. While there was some initial confusion regarding different HSN codes, it has been confirmed that both new and used jute bags, whether classified under HSN 63051040 (Jute Sacking Bags) or 63051050 (Jute Wool Sacks), are subject to an 18% GST rate.