• twitter-icon
Unlimited Tax Return Filing


Artistic Sculptors Nowhere to Go After Goods and Services Tax

The new Goods and Service Tax (GST) is going to implement from 1st July. The confusion about tax levies on statues and pictures of religious deities under new GST Regime has become an issue of anxiety for sculptors.

Director of Adi Gaur Brahmin (Moorti Kalakar) Sanstha, Satya Narayan Pande, is not clear about the impact of GST Regime on sculptures or religious statues. He said that “There is no mention of religious statues under the GST tax slab, however, according to the code number 97, it is under the tax slab of 12 per cent.”

He expresses anxiety about new GST Regime and said that, If GST levies on sculptors or religious statues, it will negatively influence the business specifically in the international market. Pande said that “Under GST, the price of such things is bound to increase and we fear that the potential buyers will go for Chinese made items online,”Pande added.

He further added that, if in a case carver or sculptors not registered under the new GST Regime and they don’t hold TIN numbers, then the banks and financial institutions will not provide loans or credit for operating their business.

Radheshyam Sharma, Director of Moorti Kala Laghu Udyog Mandal said, “90 percent of sculptors are poor and uneducated. Implementation of tax on them will not only affect their art but also hit their day-to-day lives.”

Under the current taxation structure, religious statues or identities, not levies any taxes and also exempted from VAT and Excise Duty, which provide the goods or items at affordable price. Not imposing any taxes in new GST Regime. The religious trust and temples, as well as religious pictures, will not levy any taxes in new GST Regime.

Disclaimer:- "All the information given is from credible and authentic resources and has been published after moderation. Any change in detail or information other than fact must be considered a human error. The blog we write is to provide updated information. You can raise any query on matters related to blog content. Also, note that we don’t provide any type of consultancy so we are sorry for being unable to reply to consultancy queries. Also, we do mention that our replies are solely on a practical basis and we advise you to cross verify with professional authorities for a fact check."

Published by Poonam Hotwani (Ex-Employee)
Poonam Hotwani completed her schooling and graduation from Kota (Rajasthan). Pursued her MBA from Poornima Group of Colleges in Jaipur. Being a management student, she began her career as an academic content writer. She is dedicated, passionate and sincere about her work. Her keen interest areas are exploring websites, reading, writing and cooking. View more posts
SAGINFOTECH PRODUCTS

Leave a comment

Your email address will not be published. Required fields are marked *

Follow Us on Google News

Google News

Latest Posts

New Offer for Tax Experts

Huge Discount on Tax Software

Upto 20% Off
Tax, ROC/MCA, XBRL, Payroll, Online GST

Limited Offer, Hurry

Best Offer for Tax Professionals

Upto 20% Discount on Tax Software

    Select Product*

    Current GST Due Dates