GST on Paintings, Old/Antique jewellery/Cars/watches/Collectibles/Books

In re Safset Agencies Private Ltd (Astaguru.com) (GST AAR Maharashtra)

(i) Paintings as described by the applicant will be classifiable under Heading 9701 and the applicant must pay GST of 12% on the sale value.

(ii) Old Cars:- Motor Vehicles fall under Heading 8703 of the GST Tariff. All the items under 8703 attract 28% GST except Tariff item 870310 10; Sub-heading 8703 80. However old cars attract a lower rate of tax as per Please become a Premium member. If you are already a Premium member, login here to access the full content.