GST Implication for Printing Press

Printing Press is one of the most important industries in our country.
There are various goods which are produced in this industry such as newspapers, books, labels, business cards, etc.
This article provides a brief explanation of how GST works in this Industry.

To Sum up

When the inputs are provided by the customer/publisher then the rates are as follows:

If GST % on goods is:

5% GST or NIL 5%
12% GST 12%
Other than the above two 18%

When the inputs used by the printer belong to him then the GST rates are as follows:

If GST % on goods is:

5% GST or NIL 12%
12% GST 12%
18% and above 18%

Disclaimer:“The information contained herein is only for informational purpose and should not be considered for any particular instance or individual or entity. We have obtained information from publicly available sources, there can be no guarantee that such information is accurate as of the date it is received or it will continue to be accurate in future. No one should act on such information without obtaining professional advice after thorough examination of particular situation.”

Prepared By

Shraddha V

Date: 19/03/2020