New
February 25, 2023
By
Prerna

GST Rates and HSN Code for Wood Tool Bodies, Handles, Broom or Brush Bodies and Handles

Introduction

If you are a business owner dealing with wood tool bodies, handles, broom or brush bodies and handles in India, it is essential to understand the GST rates and HSN code applicable to your products. In this article, we will discuss the GST rates and HSN codes for Wood Tool Bodies, Handles, Broom Or Brush Bodies And Handles.

GST Rates for Wood Tool Bodies, Handles, Broom Or Brush Bodies And Handles

The GST rates applicable to Wood Tool Bodies, Handles, Broom Or Brush Bodies And Handles are:

1. Wooden handles for tools - 18%

2. Wooden broom or brush handles - 18%

3. Wooden tool bodies - 18%

4. Wooden broom or brush bodies - 12%

It is important to note that the GST rates mentioned above are subject to change as per the government's discretion.

HSN Code for Wood Tool Bodies, Handles, Broom Or Brush Bodies And Handles

The Harmonised System of Nomenclature (HSN) code for Wood Tool Bodies, Handles, Broom Or Brush Bodies And Handles is 4417.

The HSN code 4417 falls under Chapter 44 - Wood and articles of wood, wood charcoal. This chapter includes wood and articles of wood, wood charcoal, wood tar and wood vinegar.

Conclusion

As a business owner, it is essential to have a clear understanding of the GST rates and HSN codes applicable to your products. This article provides a comprehensive guide to the GST rates and HSN code for Wood Tool Bodies, Handles, Broom Or Brush Bodies And Handles in India. Stay updated with the latest changes in the GST rates to ensure compliance with the law and avoid any penalties.

Suggestions



Taxable Value in case of Inter-state Stock Transfer between Branches
What is Capital Gains Income and Why is it Taxable?
Assessment by GST Officer: Keep an eye over the Taxpayer