Clay Idols are now Exempt from GST & List of indigenous handmade musical instruments recommended for NIL rate of GST

The GST Council has on its meeting held on 9th September 2017 exempted clay idols from the tax. It was also decided that “For artisans, artists, folk arts and tribal arts, no registration will be required up to Rs 20 lakh (turnover).

The GST Council has also recommended that following indigenous handmade musical instruments shall attract NIL rate of GST.

Registration in GST

If you are carrying out any business and have an annual aggregate turnover in the preceding financial year exceeding Rs. 20 lakhs (Rs. 10 lakhs in Special Category States), you need to register in all States/Union Territories from where you are making taxable supplies. However, you need not register if you are engaged exclusively in the supply of exempted goods or services or both.