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GST Impact on Interior Decorator Services

Goods and Service Tax (GST) aims at eliminating multiplicity of taxes and simplifying taxes to encourage better tax incidence.

Effect on Interior Decorator Services:

Interior decorator offerings will get dearer by 3% as GST could be charged at 18% vice-a-versa present-day tax of 15%.

Effect on Electronic Equipment:

The common tax occurrence on the majority of the digital home equipment/gadgets is approximately 25-26% (which includes CST and other local taxes). GST on household digital appliances like refrigerators, washing machines, vacuum purifier and so forth has been fixed at 28% under GST. Probable increase in the tax burden is by 2-3%.

Effect on Others:

On the subject of normal family furniture and cushions, there could be a higher GST rate of 28% which means that the taxation charge for this case will likewise increase. However, there is some comfort as regards to ground coverings and LED lighting and lighting fixtures since they may attract 12% alike, which is decrease than their gift fee frequency of 25% and 17.5% one after the other.

Effect on Wood & Wooden Products

There are different GST rates set for Wood & Wooden products by the government, it varies between 0% to 28%. Like firewood & wood charcoal doesn’t have any GST. Wood in chips or in particles, briquettes, sawdust attracts 5% GST.

12% GST is applicable on boxes, crates, tool bodies etc. While kitchenware wood, bamboo wood flooring tiles are liable for 18% GST. Fibrewood boards, plywood, laminates, bricks made by wood, wooden frames or similar types attract the rate of highest i.e. 28%.

Copper Wire

28% GST rate tax is fixed for all insulated wires & copper cables.

Paint, Varnish & Wallpaper

Paints & varnishes attract 28% GST. This 28% GST rate is also applicable on wall care putty (grafting & glazier’s), resin cement & other mastics.

Wallpapers which are a new trend in the interior stream also attract 28% GST.

Bathroom Fittings

All bathroom fittings like sinks, basins, basin pedestals, tubes, ceramic pipes & its fittings, water closet pans & similar sanitary ware products & parts whether made of iron, steel, copper, aluminium or plastic attract 28 % GST.

This post first appeared on Waste Water Treatment, please read the originial post: here

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GST Impact on Interior Decorator Services


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