Rate of tax

[Murari Agrawal]

One of our buyer intends to order for plastic toy, as per his version this will be classified as 'other toys of plastics' the HSN code will be 95037010 attracting 5% GST. In the Website we don't find the rate for this code. Kindly let know the rate applicable for the above mentioned HSN code. Thanks

AI Summary

GST Rate Clarification: Plastic Toys Under HSN Code 95030090 Attract 12% GST Instead of 5% A query was raised regarding the correct Goods and Services Tax (GST) rate for plastic toys classified under HSN code 95037010, which was believed to attract a 5% GST. However, the response clarified that the correct classification is under HSN code 95030090, which attracts a 12% GST rate, split as 6% Central GST and 6% State GST.