Art work, antiques etc. Falls under HSN code chapter 97 of GST commodity tariff schedule. The details about GST rate changes for sale of art work, antiques etc. Are being updated here. The notification changes on exemptions for GST for sale of art work, antiques etc. and other circulars related to GST for Art Work.
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.
GST Rate on 21st July, 2018
|
HSN Code |
Description |
New Rate |
|
9701 |
Hings and pastels (incl. Mysore painting Rajasthan painting, Tanjore painting, Palm leaf painting, basoli etc.) |
12% |
2. 9702 Original engravings, prints and lithographs.
3. 9703 Original sculptures and statuary in any material.
GST Rate on 21st July, 2018
|
HSN Code |
Description |
New Rate |
|
9703 |
Original sculptures and statuary, In metal, stone or any other material |
12% |
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.
GST Rates on 11th June 2017
|
HNS Code |
Description |
Earlier Rate |
New Rate |
|
9704 |
Postage or revenue stamps, stamp-post |
12% |
5% |
5. 9705 Collections and collectors' pieces of zoological, botanical, mineralogical, anatomical, historical, archaeological, Paleontological, ethnographic or numismatic interest.
|
HSN Code |
Description |
Earlier Rate |
New Rate |
|
9705 |
Numismatic coins |
12% |
5% |
6. 9706 Antiques of an age exceeding one hundred years.
Goods and Service Tax (GST) rate tariff in India is designed in 6 categories of goods and services. Four main GST rate slabs framed with Essential goods and services, Standard goods and services and luxury goods and services with 5%, 12%, 18% and 28% respectively.
Commonly used Goods and Services at 5%, Standard Goods and Services fall under 1st slab at 12%, Standard Goods and Services fall under 2nd Slab at 18% and Special category of Goods and Services including luxury 28%. The most essential goods and services attract nil rate of GST under Exempted Categories. Luxury goods and services and certain specific goods and services attract additional cess than 28% GST.
SAC Codes & GST Rates for Services (Chapter 99)
|
HSN Code |
Description |
Rate (%) |
|
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. |
12% |
|
970110 |
Paintings, Drawings & Pastels |
12% |
|
97011010 |
Madhubani Paintings (On Textiles) |
12% |
|
97011030 |
Kalamkari Paintings (On Textiles) |
12% |
|
97011030 |
Rajasthani Paintings (On Textiles) |
12% |
|
97011090 |
Other |
12 |
|
970190 |
Other |
12% |
|
97019091 |
Domestic Articles of Wood (Hard Decorated) |
12% |
|
97019092 |
Restaurant Decoration of Plastics |
12% |
|
97019099 |
Other |
12% |
|
9702 |
Original Engravings, Prints and Lithographs. |
12% |
|
97020000 |
Original Engravings, Prints and Lithographs. |
12% |
|
9703 |
Original Sculptures and Statuary in any Material. |
12% |
|
970300 |
Original Sculptures and Statuary in any Material. |
12% |
|
97030010 |
Original Sculptures and Statuary in Material. |
12% |
|
97030020 |
Original Sculptures and Statuary in stone |
12% |
|
97030090 |
Original Sculptures and Statuary in Other Materials. |
12% |
|
9704 |
Postage or Revenue Stamps, Stamp-Post Marks, 1st Day Covers, Postal Stationery (Stamped Paper) and the Like, used or Unused other than those of Heading 4907. |
5% |
|
970400 |
Postage or Revenue Stamps , Stamp-Post Marks, 1st Day Covers , Postal Stationery (Stamped Paper) and the Like, used or Unused, Other than those of Heading 4907. |
5% |
|
97040010 |
Used Postal Stamp |
5% |
|
97040020 |
Used or Unused 1st Day Covers for Philatelists. |
5% |
|
97040090 |
Other |
5% |
|
9705 |
Numismatic Coins |
5% |
|
9705 |
Collections and Collectors pieces of Zoological, Botanical, Mineralogical, Anatomical, Historical, Archeological, Paleontological, Ethnographic or Numismatic Interest. |
12% |
|
97050010 |
Stuffed Animals and Birds (Taxidermy) |
12% |
|
970500 |
Collections and Collector’ pieces of Zoological, Botanical, Mineralogical, Anatomical, Historical, Archeological, Paleontological, Ethnographic or Numismatic Interest. |
12% |
|
97050090 |
Other |
12% |
|
9706 |
Antiques of an Age Exceeding One Hundred Years. |
12% |
|
97060000 |
Antiques of an Age Exceeding One Hundred Years. |
12% |