Kitchen articles of copper are becoming increasingly popular due to their aesthetic appeal and health benefits. Many small and medium business owners and startup founders are looking to add these items to their product line. However, it is important to understand the GST rates and HSN code associated with these products to ensure compliance with Indian tax laws.
According to the HSN code 7418, copper kitchen articles fall under the category of "other articles of copper". The GST rate for these products is 18%. This means that any business selling copper kitchen articles must charge their customers 18% GST on the sale price.
The HSN code for kitchen articles of copper is 7418. This code is used to classify products for taxation purposes. By using the correct HSN code, businesses can ensure that they are accurately reporting their sales and complying with tax laws.
Copper kitchen articles offer a number of health benefits. Copper is believed to have antimicrobial properties that can help to reduce the spread of germs and bacteria in the kitchen. Additionally, copper is a good conductor of heat, which can help to reduce cooking time and save energy.
Copper kitchen articles are also highly valued for their aesthetic appeal. Copper has a warm, rich color that can add a touch of elegance to any kitchen. Additionally, copper is a durable material that can last for years with proper care.
If you are a small or medium business owner or startup founder looking to sell copper kitchen articles, it is important to understand the GST rates and HSN code associated with these products. By doing so, you can ensure that you are complying with Indian tax laws and properly reporting your sales. Additionally, by highlighting the health benefits and aesthetic appeal of copper kitchen articles, you can attract customers who are looking for high-quality, long-lasting kitchenware.
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