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1. Bronze Metallic Statues HSN Code: 97030010 Descripttion: Original sculptures and statuary in metal GST Rate: 12% 2. Statues Made with Cement HSN Code: 97030090 Descripttion: Original sculptures and statuary in other materials (including cement) GST Rate: 12% These classifications fall under Chapter 97 of the HSN system, which covers original works of art and statuary in any material2. Let me know if you need help with invoicing, GST return filing, or anything else related to compliance. I’ve got your back! Edit in a page How do these tax rates impact my pricing strategy?What are the HSN codes for other types of statues?
Thank you so much sir..
In case of statues with erection work, what's gst rate? Is it 18% or not?
Please clarify sir,
To determine the GST rate for statues with erection work, we need to consider two aspects: the GST rate on the statues themselves and the GST rate on the erection or installation services.
*GST Rate on Statues:* - Original sculptures and statuary in any material, including metal, stone, or other materials, fall under HSN Code 9703 and attract a GST rate of 12%.
*GST Rate on Erection or Installation Services:* - Installation, assembly, and erection services of prefabricated structures and constructions, including statues, fall under SAC Code 995442 or 995441, and attract a GST rate of 18%.
Given these details, if you're providing a service that includes both the statue itself and the erection or installation, you might need to apply different GST rates to different parts of the service.
It's essential to determine the value of the statue and the value of the erection service to correctly apply the GST rates.
*Key Points:* - *Statue Value*: 12% GST rate applies to the value of the statue itself.
- *Erection Service Value*: 18% GST rate applies to the value of the erection or installation service.
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