GST Rates and HSN Code for Printed or Illustrated Postcards

Postcards are an excellent way to send a quick message to family, friends, or clients. They are a cost-effective and efficient way to communicate and share information. Postcards can be printed in a variety of ways, including illustrated postcards. Illustrated postcards are postcards that feature an image, typically a drawing or painting, on one side, with space for a message and address on the other. However, when it comes to GST rates and HSN codes for printed or illustrated postcards, many people are unsure of the regulations. This article will explain everything you need to know about GST rates and HSN codes for printed or illustrated postcards in India.

What is GST?

GST stands for Goods and Services Tax. It is a comprehensive tax levied on the supply of goods and services in India. GST has replaced many other indirect taxes such as excise duty, service tax, VAT, and others. GST is a destination-based tax, which means that it is charged at the place where the goods or services are consumed, not where they are produced.

GST Rates for Printed or Illustrated Postcards

According to the GST Council, printed or illustrated postcards fall under the category of printed matter. Printed matter attracts a GST rate of 12%.

However, if the printed or illustrated postcard has a personal message and is not for commercial use, it is exempt from GST. The definition of a personal message includes any message that is not related to a business or profession.

HSN Code for Printed or Illustrated Postcards

The HSN code for printed or illustrated postcards is 4909. The HSN code is a system of classification used by the World Customs Organization (WCO) to classify goods in international trade. The HSN code for printed or illustrated postcards falls under the category of printed matter.

Conclusion

Printed or illustrated postcards are an excellent way to communicate and share information. When it comes to GST rates and HSN codes for printed or illustrated postcards, the regulations are straightforward. Printed matter attracts a GST rate of 12%, and the HSN code for printed or illustrated postcards is 4909.