Hello Friends,
I AM INTO MANUFACTURING OF DISPLAY BOARDS & PANELS (ONE CAN SAY IT AS A MARKETING/ADVERTISEMENT BOARD WHICH IS PLACE OR HANG IN A STORE OR A SHOP) MADE OF MDF OR SUNBOARD OR ACRYLIC OR METAL OR COMBINATION OF METAL & MDF. I AM UNSURE OF HSN CODE & GST RATE OF EITHER . SO CAN ANYONE SUGGEST OR HELP IN THE SAME AS SOON AS POSSIBLE.
THANKS
GST classification for display boards: material-based HSN guidance directs standard high-rate levy, with alternative HSN options noted. The reply recommends classification of retail display boards and panels under HSN 8310 0090 with the GST 28% standard rate; alternatively, wood-made products may be classed under HSN chapter 44 or others under HSN 68, with the cited rate remaining the standard high rate. Taxpayers should consult the GST Council's list of reduced rates to determine if any concessional rate applies to a specific product variant. (AI Summary)
Goods and Services Tax - GST