QUESTION
Mr A is purchasing the promotional material i.e. Warranty Card, Manual, Dangler, Table Calendar etc, these items are covered under HSN Code 4911, 4910 in GST Tariff. These entries are coming in both tariff vide in schedule -II serial no. 132 @ 12% and schedule -III serial no. 157F @ 18%.
Query :
1. What is GST rate applicable on the above-mentioned item?
2. Is there any change in rate of GST in aforesaid HSN Tariff ?
ANSWER
LAW APPLICABLE:
Entry no. 157E and 157F of schedule III of notification 1/2017 CGST(rate) is laid as under;
Notification No.1/2017-Central Tax (Rate)
| 57E | 4910 | Calendars of any kind, printed, including calendar blocks. |
| 157F. | 4911 |
Other printed matter, including printed pictures and photographs; such as Trade advertising material, Commercial catalogues and the like, printed Posters, Commercial catalogues, Printed inlay cards, Pictures, designs and photographs, Plan and drawings for architectural engineering, industrial, commercial, topographical or similar purposes reproduced with the aid of computer or any other devices. |
INTERPRETATION:
Notification no. 8/2021 CGST (R)
dated 30/09/2021 has deleted the above Entry no. 131 and 132 from schedule II
and inserted the same in Entry no. 157E and 157F of schedule III wef 1st October
2021.
Therefore with effect from 1st October 2021 the rate of tax on the above items
have been increased from 12% to 18%.
CONCLUSION:
Applicable rate on HSN 4910 and 4911 is 18% vide Entry no. 157E and 157F in Schedule III of notification 1/2017 CGST (R). (Reply dt. 06/06/2022 )