As a small or medium business owner or a startup founder in India, it's essential to understand the GST rates and HSN codes for items you sell. In this article, we'll discuss everything you need to know about curtains - GST rates HSN code 6303.
Curtains are an essential home decor item that is used to cover windows, doors, or any other opening. It's made of fabric and is hung by a rod or rail from the top of the opening. Curtains come in a variety of designs, colors, and materials, and they can be used for decorative or functional purposes.
GST or Goods and Services Tax is a comprehensive tax levied on the supply of goods and services in India. It's a destination-based tax, which means it's charged where the final consumer is located.
HSN or Harmonized System of Nomenclature is a code that is used to classify goods in a systematic and logical manner. It's used globally for the classification of goods and is essential for international trade.
The GST rates for curtains fall under HSN code 6303. According to the GST council, the GST rates for curtains are as follows:
1. 5% GST for handloom-made curtains
2. 12% GST for machine-made curtains
As a small or medium business owner or a startup founder, it's crucial to understand the GST rates and HSN codes for items you sell. Understanding the GST rates and HSN code for curtains will help you price your products accurately and avoid any penalties for incorrect tax filings.
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