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GST - Har Ghar Tiranga: No GST on sale of national flag, says Finance Ministry

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11-Jul-2022 05:13:10

News Date: 9 July 2022

Sale of the Indian national flag, irrespective of whether machine made or of polyester, is exempt from the Goods and Services Tax (GST), the finance ministry said on Friday. Hand-woven, hand-spun national flags made of cotton, silk, wool or Khadi are already exempt from GST.

In an office memorandum, the Revenue Department clarified that polyester or machine-made tricolour too would be exempt from the levy following amendments to the ‘Flag Code of India, 2002’ in December last year.

Source:https://zeenews.india.com/economy/har-ghar-tiranga-no-gst-on-sale-of-national-flag-says-finance-ministry-2483375.html