WHAT IS THE RATE OF GST IN HAND TOOLS & IMPLEMENTS FOR GOLDSMITH.

[NITISH DAS]

A DEALER IS MAKING HAND TOOLS & IMPLEMENTS WHICH IS REQUIRED FOR MAKING GOLD ORNAMENTS IN HIS HOWRAH FACTORY AT WEST BENGAL.

MY QUESTING IS WHAT WILL BE THE GST HE WILL IMPOSED IN HIS SALES INVOICE ?

[MADAN RAHEJA]

I think it should be 18% IGST for inter-state supply or (9%CGST +9% SGST) for intra -state under HS code 8205

[koushal sharma]

82055930 IS THE HSN CODE FOR HAND TOOLS (INCLUDING GLAZIERS DIAMONDS), GOLDSMITH TOOLS ETC. WITH 18% GST RATE.

TO KNOW MORE ABOUT HSN CODE AND GST RATE OF PRODUCT JUST CLICK ON THE FOLLOWING LINK AND GET KNOW MORE ABOUT IT.

[DR.MARIAPPAN GOVINDARAJAN]

I endorse the views of Shri Madhan Raheja.

AI Summary

GST rate for goldsmith hand tools clarified: IGST for inter state and CGST plus SGST for intra state supplies. Hand tools and implements used by goldsmiths are taxable under GST as hand tools classified within the HSN grouping for hand tools; inter state supplies attract integrated GST while intra state supplies attract central and state GST components, with applicable rates determined by that HSN classification.