Whether handicraft item is taxable or not
And whether we can opt composition scheme on this item
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On handicraft item
Replies (5)
As per notification No.
32/2017-Central Tax dated the 15th September, 2017 published in the Gazette of India,
Handicraft item is Exempted.
32/2017-Central Tax dated the 15th September, 2017 published in the Gazette of India,
Handicraft item is Exempted.
@ vinod ji
Notification 32 the you mention is for granting exemption to casual taxable person making taxable supply of handicraft goods from requirement to obtain registration.
Hence Handicraft Goods are Taxable As per Notification 21/2018 ,CT (r)
Notification 32 the you mention is for granting exemption to casual taxable person making taxable supply of handicraft goods from requirement to obtain registration.
Hence Handicraft Goods are Taxable As per Notification 21/2018 ,CT (r)
@ dinesh
Yes , you can opt for composition scheme
@ dinesh
Yes , you can opt for composition scheme
@ dinesh
Yes , you can opt for composition scheme
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