Master in Accounts & high court Advocate
9610 Points
Posted on 21 November 2024
GST (Goods and Services Tax) rates are determined based on the HSN code of a product.
For the products you mentioned:
1. Resin bowl made from fully resin: - HSN code: 3926.90.00 (Other articles of plastics and articles of other materials of headings 3901 to 3914) - GST rate: 18%
2. Resin bowl made from Resin and MDF board: - HSN code: 4419.90.00 (Tableware and kitchenware of wood) - GST rate: 12% Note: The HSN codes and GST rates may vary depending on the specific product characteristics and the country or region you are in.
It's always best to consult with a tax professional or check the official GST website for the most up-to-date information. Here are some additional details: - Resin bowls made from fully resin are classified under Chapter 39 (Plastics and articles thereof) and attract an 18% GST rate. -
Resin bowls made from Resin and MDF board are classified under Chapter 44 (Wood and articles of wood) and attract a 12% GST rate. Please consult a tax professional or check the official GST website for the most accurate and up-to-date information.