Re: [LIS-Forum] GST ON PRNIT BOOKS & JOURNALS
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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...
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
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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