[LIS-Forum] GST ON PRNIT BOOKS & JOURNALS

[Sathyanarayana NV]

Dear Mr. Sharma

Printed Books are exempted from  GST as they were exempted rarlier from VAT
and Customs Duty.   Please see item 49 (page 120) in the recently released
"GST Rate Schedule" document by the concerned Tax Department:
http://www.cbec.gov.in/resources//htdocs-cbec/gst/chapter-wise-rate-wise-gst-schedule-18.05.2017.pdf


The links you have referred to relate to HSN -  GST  concordance.  HSN is
Harmonised System of Nomenclature, a classification system largely followed
 by Customs.  GST classification system uses HSN largely up to 4 digit
only.  Section 49 refers to Printer Matter. There are several sub sections
under HSN  as you will notice by listing below for Printed books, News
Papers & Journals

Section 49                   Printed Books, Brochures, Newspapers

Section 4901               Printed Books, Brochures, Leaflets and similar
printer matter
Section 4901-1010      Printed Books - GST Nil.
Section 4901-1020      Pamphlets, Booklets, Brochures, Leaflets, and
similar printed matter - GST 5%.

Section 4902               Newspapers, Journals and Periodicals
Section 4902-1010      News Papers - GST Nil.
Section 4902-1020      Journals & Periodicals - GST Nil.

GST is applicable only to other printed materials such as  brochures,
posters, catalogs, drawings, calendars, photographs, etc.


*N. V. Sathyanarayana*

Informatics India Ltd.

Bangalore 560004*. *INDIA

*www.informaticsglobal.com <http://www.informaticsglobal.com>*









On Sun, Jul 2, 2017 at 9:21 AM, J Ramachandra Sarma <jrcsarma at gmail.com>
wrote:

> Printed Books: 5% GST
>
> NEWSPAPERS, JOURNALS AND PERIODICALS: 0% GST
>
> https://cleartax.in/s/printed-books-brochures-newspapers-gst-rate-hsn-code
>
> https://www.indiafilings.com/find-gst-rate
>
> https://cleartax.in/s/gst-rates/
>
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