My name is shivam sinha this is for the testing purpose
11 Feb, 2023
Toys, sports and games are everyone’s favourite. It falls under HSN code chapter 95 of GST commodity tariff schedule. However, it changes as per different GST slabs for different kinds of toys available in the market, as per the Goods and Services Tax Act, 2017. It is classified into multiple tax slabs. The GST Act fixed the GST rate for all products in India under five rates of 0%, 5%, 12%, 18%, and 28%. The GST taxation rate for toys and sporting goods fall under 12% or 18% or 28%.
This article talks about GST rates levied on several types of toys, games and sports accessories. Let us look at the updated GST rate list as per the Government circular and a businessman should stay updated with the running rates from time to time.
How can we help you?
Any trader in the field of Toy and Game business can get a GSTIN easily by applying for the same online at Online Legal India™. Here, the expert GST team helps you with GST registration, GST return filing, and GST modification as well. The charges are very reasonable and we also aim to educate on the legal and regulatory requirements, offering support to the company at every stage to make sure they are compliant and continually growing.
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