Worked Vegetable Or Mineral Carving Material - GST Rates HSN Code 9602

If you are a small or medium-sized business owner or a startup founder in India, you need to be well-versed with the GST rates and HSN codes for various goods and services you deal with on a daily basis. One such category of goods is Worked Vegetable Or Mineral Carving Material. In this article, we will discuss the GST rates and HSN code for Worked Vegetable Or Mineral Carving Material in detail.

What is Worked Vegetable Or Mineral Carving Material?

Worked Vegetable Or Mineral Carving Material is a type of material that is used for carving and sculpting different objects. This material is made from either vegetable or mineral sources and is usually in the form of blocks or slabs. The carving material can be used to make sculptures, figurines, and other decorative objects. In India, Worked Vegetable Or Mineral Carving Material is used extensively in the handicrafts industry.

GST Rates for Worked Vegetable Or Mineral Carving Material

The GST rates for Worked Vegetable Or Mineral Carving Material differ based on the type of material used. Below is a table that showcases the GST rates for different types of Worked Vegetable Or Mineral Carving Material:

Type of Worked Vegetable Or Mineral Carving MaterialGST RateWorked Vegetable Or Mineral Carving Material made from agglomerated cork18%Worked Vegetable Or Mineral Carving Material made from articles of natural or cultured pearls, precious or semi-precious stones, or precious metals3%Worked Vegetable Or Mineral Carving Material made from other materials18%

It is important to note that the above GST rates are subject to change based on the latest notifications issued by the GST Council. It is advisable to check the latest rates before filing your GST returns.

HSN Code for Worked Vegetable Or Mineral Carving Material

The HSN code for Worked Vegetable Or Mineral Carving Material is 9602. This code is used to classify Worked Vegetable Or Mineral Carving Material and make it easier for businesses to file their GST returns. The HSN code 9602 falls under Chapter 96 of the GST tariff, which covers various types of miscellaneous manufactured articles.

Conclusion

Knowing the GST rates and HSN code for Worked Vegetable Or Mineral Carving Material is crucial for businesses that deal with such products. It helps in accurate classification, easy filing of GST returns, and avoiding penalties for non-compliance. We hope this article has provided you with a clear understanding of the GST rates and HSN code for Worked Vegetable Or Mineral Carving Material.