GST Rates Chapter 97 Works Of Art, Collectors’ Pieces And Antiques

By | June 26, 2017
(Last Updated On: June 26, 2017)

GST Rates Chapter 97

[ As per discussions in GST Council Meeting held on 18th may 2017, 3rd June 2017, 11th June 2017 and 18th June 2017 ]

CHAPTER 97 : WORKS OF ART, COLLECTORS’ PIECES AND ANTIQUES

GST RATES
5% :1.See also Sl. No. 4 of 12%
2.See also Sl. No. 5 of 12%
12% :All goods.
1.9701 Paintings, drawings and pastels, executed entirely by hand, other than drawings of heading 4906 and other than hand painted or hand decorated manufactured articles; collages and similar decorative plaques.
2.9702 Original engravings, prints and lithographs.
3.9703 Original sculptures and statuary, in any material.
4.9704 Postage or revenue stamps, stamp-postmarks, first-day covers, postal stationery (stamped paper), and the like, used or unused, other than those of heading 4907.
[Note : Rate prescribed by GST Council Meeting dated 11-6-2017 is as under :
9704 : Postage or revenue stamps, stamp-post marks, first-day covers, etc. : 5%]
5.9705 Collections and collectors’ pieces of zoological, botanical, mineralogical, anatomical, historical, archaeological, palaeontological, ethnographic or numismatic interest.
[Note : Rate prescribed by GST Council Meeting dated 11-6-2017 is as under :
9705 : Numismatic coins : 5%]
6.9706 Antiques of an age exceeding one hundred years.

Read Complete Schedule of GST Rates for Goods

Category: GST

About CA Satbir Singh

Chartered Accountant having 12+ years of Experience in Taxation , Finance and GST related matters and can be reached at Email : Taxheal@gmail.com

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