Scope of Exemption:
Intra-state supplies of handicraft goods exempted from excess central tax under section 9.
Definition of Handicraft Goods:
Predominantly handmade with minimal machinery involvement.
Possess aesthetic, cultural, or ethnic significance, distinct from mechanized goods.
Exempted Items and Rates:
Handcrafted candles, handbags, carved wood products, wooden frames, statuettes, mats, coir articles, and more.
Rates vary from 1.5% to 6% based on item classification.
Effective Date:
Notification effective from July 27, 2018.
Issuing Authority:
Signed by Gunjan Kumar Verma, Under Secretary to the Government of India.
Promotion of Artisans:
Supports artisans by reducing tax burden on traditional craftsmanship.
Preservation of Cultural Heritage:
Encourages the preservation and promotion of India's rich cultural heritage through handicrafts.
(Gunjan Kumar Verma) Under Secretary to the Government of India