Latest list of GST rates on wooden furniture in 2022

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Latest list of GST rates on wooden furniture in 2022

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When buying any wooden furniture, you need to consider multiple factors, including the design, the cost, as well as the GST rate for the piece you are planning to buy. The final cost of any wooden furniture is decided according to the raw material cost and how these materials are taxed, as that will determine the final rate of GST. So, here is the latest list of GST rates on wooden furniture in India. – PowerPoint PPT presentation

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Title: Latest list of GST rates on wooden furniture in 2022


1
Latest list of GST rates on wooden furniture in
2022
2
Items with tax exemption or minimal tax
  • Firewood or wood charcoal is not taxable.
  • Wood chips, sawdust, and wood waste are taxable
    at 5 under GST.

3
Items under 12 GST
  • Drums, wooden boxes, crates, and wood for making
    a walking stick, umbrella and tool handles, etc.
    are taxed at 12.
  • Wood, bamboo pulp, particleboards like
    Glass-fibre Reinforced Gypsum Board, Cement
    Bonded Particle Board, Bagasse Board, etc. are
    taxed at 12.
  • GST rates of wooden kitchenware or tableware
    (except ones _at_28) are taxed at 12.

4
Items under 18 GST
  • Residual lye from wood pulp manufacturing and
    residue which has been treated chemically is
    taxed at 18.
  • Wood tar, wood tar oils, wood naphtha, vegetable,
    and brewers pitch, preparations based on resin
    acids, wood creosote are taxable at 18.

5
Items Under 28 Tax
  • Plywood, fibre wood, laminated wood, and other
    materials like wood are taxed at 28.
  • Cane furniture, wooden frames, cellular wood
    panels, shingles, assembled flooring panels, and
    shakes are taxed similarly.
  • Wood paving blocks, articles of densified wood,
    tableware, and kitchenware also fall under the
    same bracket.
  • HSN codes are item classification numbers that
    start from 44 on wooden furniture.

6
  • Always check any wooden furnitures HSN codes and
    latest GST rates before making a purchase.

7
Thanks!
Would Love to hear from you.
Woodsala
Hasti Colony, Jhalamand, Jodhpur, Rajasthan
Tel 918587918978
Email Sales_at_woodsala.com
Website https//woodsala.com/
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